Foreign investment in China goes negative for first time in decades

  • 📰 axios
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

It's a sign of China's souring economic prospects.

The outflow of foreign direct investment, or FDI, is a reflection of the sharp deterioration in China's economic prospects. The world's second-largest economy continues to struggle with a sluggish COVID recovery, a deterioration in consumer and business confidence, and ongoing de-coupling and de-globalization trends.A broad measure of FDI published by China's State Administration of Foreign Exchange on Friday showed an outflow of $11.

But the outflow of foreign investment reflects just how quickly expectations about Chinese growth have shifted.Share on linkedin

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 302. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

China's first deficit in foreign investment signals West's 'de-risking' pressureChina recorded its first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring Beijing's challenge in wooing overseas companies in the wake of a 'de-risking' move by Western governments.
La source: Reuters - 🏆 2. / 97 Lire la suite »

China's first deficit in foreign investment signals West's 'de-risking' pressureChina's first deficit in foreign investment signals West's 'de-risking' pressure
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Foreign Firms Pull Billions in Earnings Out of ChinaThe outflows show interest rates, U.S. tensions and a weak economy are sapping China’s investment appeal
La source: WSJ - 🏆 98. / 63 Lire la suite »