Direct overseas investment flows into China fell for the fourth straight month in February, hurt by a near one-third collapse in investments from Europe, according to data released Thursday. February's foreign direct investment into China amounted to $7.73 billion, a drop 0.9% from the year earlier level, and well down from January's $10 billion, according to a statement by the Ministry of Commerce on Thursday.
Investment from the European Union for the month fell 33.32% on year to $906 million, while investments from the U.S. nudged up 0.9% to $525 million. Foreign direct investment flows for January and February, which helps to eliminate statistical distortions arising from the shifting annual dates of China's Lunar New Year holiday, were down 0.6% on year at $17.7 billion.
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