Why falling FDI in China may be no bad thing

Quick Summary:

The retreat can be attributed to the rise of more competitive Chinese companies and advances in indigenous technology.

Given the circumstances, should we be worried that the recent decline will cause China’s economy to slow further?

Moreover, China, with a total FDI inflow of US$163 billion, was still the world’s second-largest FDI recipient in 2023.

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Article Details

Author / Journalist: Chengxin Zhang

Category: Business

Markets: Hong KongChina

Topics: Cent Investments Foreign Billion Been Economy First Year China China’s Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 16:30:08 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 240 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22704448

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Official Website: scmp.com

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Year Established: 1903

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