Foreign direct investment (FDI) into China in 2023 has fallen to a 30-year low, with only $33 billion added, marking the lowest level since 1993. This significant downturn is attributed to various factors, including slow economic growth, the risk of conflict, a deteriorating political climate, and concerns over detentions for alleged spying and U.S. sanctions. The situation is exacerbated by China's industrial support policies and macroeconomic strategies, which have been criticized for focusing more on supply without adequately considering demand. Despite China's efforts to attract more overseas investment to bolster its economy, and reports that China's New Year travel and spending have surpassed pre-Covid levels, the FDI slump underscores the challenges China faces.
1/2 Treasury undersecretary Jay Shambaugh: “We are worried that Chinese industrial support policies and macro policies that are more focused on supply rather than thinking about where the demand will come from are both careening towards a situation... https://t.co/P1ZSyrg6Tm
Foreign direct investment in #China falls to 30-year low Companies spooked by detentions for alleged spying and U.S. sanctions. Investment in China by companies based abroad has sunk to the lowest level in 30 years, according to official data released on Sunday, in a sign that… https://t.co/WXiSozknBu
Between slow growth, the risk of war, and the worsening political climate, China isn't looking like such a great place to dump your money anymore https://t.co/P8a7IFdlg3
China Economy: FDI Slumps to Lowest Since 1993 With $33 Billion Added in 2023 - Bloomberg https://t.co/UOvpwZHB3S
Foreign businesses’ direct investment into China last year increased by the lowest amount since the early 1990s, underscoring challenges for the nation as Beijing seeks more overseas investment to help its economy. https://t.co/80zZxNvmPJ
https://t.co/gfRoqroYau "Since 2012, or 2014, ’16, or ’18 – including dividends — there has been no net return." https://t.co/Jnmt5COK6P FDI into China lowest in 30 years https://t.co/sFWWqbKJ1p "China’s New Year Travel and Spending Top Pre-Covid Levels"
🇨🇳 Foreign Direct Investment Into #China Slumps to Worst in 30 Years – Bloomberg https://t.co/q63AnYdsrb https://t.co/8eTnaeIzgV
Direct overseas investment into China last year increased by the lowest amount since 1993 https://t.co/VK7qyeFwv9