China received $7.73 billion in foreign direct investment (FDI) in February, down 0.9 percent from a year ago, dropping for the fourth straight month, said the Ministry of Commerce (MOFCOM).

The amount for the first two months of this year totaled $17.72 billion, edging down 0.56 percent.

"China has maintained attractiveness to global investors, but capital inflows may continue tapering off due to the growing woes of developed economies," said Zhao Qingming, a researcher with China Construction Bank.

"Weakening expectation for the yuan's appreciation may have also impacted China's appeal as an investment destination," said Bian Weihong, a researcher with Bank of China.