BEIJING -- Investment in China by companies based abroad has sunk to the lowest level in 30 years, according to official data released on Sunday, in a sign that foreign corporations are leaving China due to tougher crackdowns on spying and U.S. sanctions.
Economy
Foreign direct investment in China falls to 30-year low
Companies spooked by detentions for alleged spying and U.S. sanctions
A security surveillance camera overlooks a street in Beijing. Chinese authorities' effort to root out spies has fueled concerns among foreign companies. © Reuters
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