China’s Ministry of Commerce released its foreign direct investment (FDI) data on Monday. Foreign direct investment inflows in China fell to $8.89 billion in May, down 1.0% from a year earlier. It was the first fall since December 2015.

FDI climbed 3.8% year-over-year to $54.19 billion in the January-May period.

Investment in the manufacturing sector slid 3.2% the January-May period, while foreign investment in the services sector climbed 7% in the January-May period.

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