"China's Foreign Direct Investment Hits 30-Year Low at $33 Billion in 2023"
TL;DR Summary
Foreign direct investment in China has dropped to a 30-year low, with official data showing a net total of $33 billion in 2023, down about 80% from the previous year. This decline reflects foreign companies' departure from China due to increased scrutiny on spying and U.S. sanctions, marking the second consecutive year of FDI decrease and a significant drop from the peak in 2021.
Topics:business#businesseconomy#china#economic-impact#foreign-direct-investment#spying-crackdown#us-sanctions
- Foreign direct investment in China falls to 30-year low Nikkei Asia
- China Economy: FDI Slumps to Lowest Since 1993 With $33 Billion Added in 2023 Bloomberg
- China Reports Smallest Foreign Investment Increase In Over Two Decades The Wall Street Journal
- Percentage of Taiwanese stakes in China hits low 台北時報
- Chinas FDI hits 30-year low, reflecting levels seen during Deng Xiaopings era MyIndMakers
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