China's first deficit in foreign investment signals West's 'de-risking' pressure

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 59%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

SHANGHAI — China 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.

A view of the city skyline, ahead of the annual National People's Congress , in Shanghai, China Feb 24, 2022.SHANGHAI — China recorded its first-ever quarterly deficit in foreign direct investment , 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.

Direct investment liabilities — a measure of FDI — were a deficit of US$11.8 billion during the July-September period, according to preliminary data of China's balance of payments released late on Friday. As a result, China's basic balance — which encompasses current account and direct investment balances and are more stable than volatile portfolio investments — recorded a deficit of US$3.2 billion, the second quarterly shortfall on record.

Xie expects China's central bank to continue counter-cyclical interventions — including a strong bias in daily yuan fixings and managing yuan liquidity in the offshore market- to support the currency in the face of these headwinds.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 10. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

China's first deficit in foreign investment signals West's 'de-risking' pressureSHANGHAI : China 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.
Sumber: ChannelNewsAsia - 🏆 6. / 66 Baca lebih lajut »

China pledges to expand market access at annual trade fair amid foreign criticismSHANGHAI, China - China will further expand market access and increase imports, its premier told a trade fair in Shanghai on Sunday, amid criticism from European firms who said they wanted to see more tangible improvement in the country's business environment.
Sumber: asiaonecom - 🏆 10. / 59 Baca lebih lajut »