Chinese investment continues to lower in S Korea

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SEOUL, June 19 (AFP): China's direct investment in South Korea fell last year for a second consecutive year as its interest in Asia's third-largest economy declined, a report said today.
The report by the Korea Investment Trade Association showed Chinese companies' investment in South Korea totalled 40 million dollars last year compared to 68 million dollars in 2005.
In 2004, the figure was 1.17 billion dollars, according to the report quoted by Yonhap news agency.
The association said Chinese companies are shunning investment in South Korea.