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The FDI last year was $117.59 billion. \u00a0From January to July, actual FDI flowing into China, excluding the financial sector, dropped by 0.35 percent from a year earlier to $71.14 billion, the ministry said. \u00a0For July alone, FDI slumped by 16.95 percent year-on-year to $7.81 billion, the lowest since July 2012, according to the ministry.<\/p>\n
Antitrust authorities have launched a series of investigations into several industries, including technology firms Qualcomm and Microsoft\u00a0and auto brands\u00a0such as Audi, BMW\u00a0and Mercedes\u00a0Benz.<\/p>\n
The EU\u00a0Chamber of Commerce in China, representing more than 1,800 companies, has voiced concern that foreign companies are being targeted disproportionately.<\/p>\n
Shen said: “After the Antitrust Law took effect six years ago, both domestic and foreign companies were investigated. The law treats all enterprises equally, and foreign ones are not targeted.<\/p>\n
“The investigations into suspected monopolies aim to build a fair, transparent and orderly market, which is helpful in improving the investment environment. The assumption that some companies or countries are targeted is completely baseless.”<\/p>\n
Ma Yu, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation, a ministry think tank, said, “The intensive antitrust probes have somewhat dented the inflow of foreign investment.<\/p>\n
“The investigations raised foreign investors’ concerns over China’s policies and investment environment. Restraints on market access to modern services in China are also to blame for the slowed investment inflow.”<\/p>\n
\n","protected":false},"excerpt":{"rendered":" Li Jiaboa writes: \u00a0Antitrust investigations into foreign companies in China will not scare away foreign investors despite the inflow of overseas spending in July hitting a two-year low, an official said on Monday. “Just a few antitrust probes will never … Continue reading ![\"Audi](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/08\/Audi-in-China-300x179.jpg\")
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