Commentary: China is looking less attractive to foreign investment

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Political and regulatory issues in China have been exacerbated by zero-COVID and Russia’s war. The unpredictable outlook for many multinationals may herald a shift in how the global economy works, says the Financial Times’ James Kynge.

HONG KONG: “No matter what you may be selling, your business in China should be enormous, if the Chinese who should buy your goods would only do so.” Never did an “if only” clause carry more weight.

and his stance over Russia’s war in Ukraine — are conspiring to eviscerate the dreams of many multinationals.The result is that direct investment into China by foreign companies is falling off a cliff. Joerg Wuttke, president of the European Union Chamber of Commerce in Beijing, says the unpredictability is prompting the European business community to put investments into China “on hold”.

“Did you see the video of the guy in Shanghai shouting ‘I want to die’?” asked one British teacher based in the city, who declined to be further identified. “Well, that has done the rounds here as well. A lot of people are suffering from mental health issues. It is really hard to be cooped up at home for weeks, especially with young children.”All of this may portend a fundamental shift in how the global economy works.

“The bloom is coming off the rose,” said Mark Witzke, an analyst at Rhodium, who notes that China’s official FDI figures are inflated by factors such as counting multinationals’ earnings in China as investments.CHANGING BUSINESS OPERATING ENVIRONMENT

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

中国杂种高官们对外国友人会很好的 除了偷窥偷窃全世界外~哈哈 对有些中国平民可贱了 睡觉用激光烦人,吃饭用激光烦人,坐着站着用激光烦人--它们想什么时候乱用激光就用咯!!!想连续烦多久就多久! 超一流犯贱! 为什么不用激光点击彭丽媛的烂B去? 中国的奇耻大辱 习近平祖宗18代挫骨扬灰

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines