BC-AS--China-Investment , 0644
Contributed by NAMPA / Associated Press.
China's foreign investment plunges after official curbs<
Eds: Adds ministry spokesman saying "irrational outbound investment" contained, other details; adds byline.<
By JOE McDONALD<
AP Business Writer<
BEIJING (AP) - China's investment in other countries has plunged since Beijing tightened controls to cool surging spending on British soccer teams, Manhattan real estate and other assets deemed unneeded for Chinese economic development.
Outward investment in the first eight mont ...