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Foreign investment heats up in China

20-Jun-2008

At least four airports are in play in China at present, with foreign investors eager to gain a slice of the market, despite the slowdown in traffic that is occurring this year. The Centre estimates domestic passenger traffic fell by around 3% last month – the first monthly decrease since the SARS outbreak in 2003 – due to the shock of the devastating earthquake in Sichuan Province. A huge relief effort was also supported by Chinese airlines, which took aircraft out of commercial services to transport soldiers, medics and relief aid to the affected regions. [490 words]

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