Citigroup cuts US$ 2 bln investment

Citigroup, the biggest financial service group, plans to cut investment and expenditure involving as much as US$2 bln to deal with threat of the slowdown of US economy.The shrinking scale depends on performance of US economy in the coming several month. Affected volume will hover between US$1 bln and US$ 2. Spokesman of Citigroup refused to make any comments.

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