Summary Box: Foreign investment in China falls

AP News
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Posted: Dec 15, 2011 12:03 PM

CRISIS TAKES TOLL: Foreign direct investment in China fell in November for the first time since 2009, by nearly 10 percent, as weakness in the U.S. and crisis-stricken Europe takes a growing toll on the country's growth.

REVERSING GAINS: The $8.8 billion in foreign investment in November was down 9.8 percent from a year earlier. In October, it had climbed 8.8 percent from the year before.

NEW FOCUS: The Commerce Ministry reported a surge in trade with other emerging markets such as Brazil and Russia, and the country plans to boost exports to those countries to help offset weakness in the West.