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Economics & Trade

FDI up in first seven months

China reported actual foreign direct investment (FDI) for the first seven months of 2004 rose by 15% to US$38.4 billion. Contracted FDI rose by 40% to US$82.7 billion. New investments included Ford Motors' plan to inject US$1.5 billion in factories and Siemens' plan to increase the size of its mainland operations.

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