Antitrust probes 'won't deter investors'

Antitrust investigations into foreign companies in China will not scare away foreign investors despite the inflow of overseas spending in July hitting a two-year low, an official said on Monday.

"Just a few antitrust probes will never scare away foreign investors," Shen Danyang, spokesman for the Ministry of Commerce, told reporters.

"As for China stepping up economic restructuring, it's normal to have some monthly fluctuations in foreign direct investment figures. This doesn't represent the overall FDI trend and should never be connected with antitrust probes into foreign companies. Groundless speculation is completely unnecessary," Shen said.