Reported about 14 hours ago
HSBC's co-CEO for Asia and the Middle East, David Liao Yi-chien, highlighted a significant shift in foreign investment towards China's new-economy sectors, including high-end manufacturing and healthcare, at the CIFIT event. He noted that multinational companies are increasingly optimistic about China's consumption-driven markets, with 44% of surveyed firms planning to enhance their trade and manufacturing presence in China. The growing investment appetite is fueled by China's expansive market size and innovation ecosystem, while local firms also seek to explore overseas markets for expansion.
Source: YAHOO