Reported 27 days ago
China experienced a historic foreign direct investment outflow of $168 billion in 2024, the largest capital flight since 1990, exacerbated by a new phase of trade tensions with the US. Both Chinese and foreign investors have reduced their engagements, with domestic investors transferring $173 billion overseas while foreign investments plummeted to a near record low. The downturn is attributed to various factors including geopolitical tensions, shifts in industry focus such as electric vehicles, and attempts by Beijing to attract foreign investment amidst declining sentiments.
Source: YAHOO