The opposite is true,despite the claims umors that foreign capital is retreating from China were refuted by foreign directinvestment(FDI)figuresunveiledby the Ministry of Commerce(MOFCOM).Statistics from the MOFCOM showed that in the first seven months of this year paid-in FDI reached$71.39 billion,up 7.09 percent over the same period last year.In July,paid-in FDI stood at$9.41 billion,up 24.13 percent.A total of 12,626 enterprises were approved to set up shop in China from January to July,
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