"China's Foreign Direct Investment Hits 30-Year Low at $33 Billion in 2023"
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.