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Positive FDI data drive Chinese shares 2.7% higher
(Xinhua)
Updated: 2009-11-16 15:50 Chinese equities rose 2.74 percent Monday on the newly released growing monthly foreign direct investment (FDI) figures, showing investors' heartened confidence on the revival of the world's fastest-growing economy.
The amount of foreign direct investment China received climbed for the third consecutive month in October, up 5.7 percent year-on-year to $7.1 billion, the Ministry of Commerce said Monday in Beijing. (For more biz stories, please visit Industries)
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