Foreign investment in China goes negative for first time in decades

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

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: Reuters - 🏆 2. / 97 Read more »

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
Source: Investingcom - 🏆 450. / 53 Read more »

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
Source: WSJ - 🏆 98. / 63 Read more »