China's foreign direct investment (FDI) has experienced a persistent decline, now extending into its twelfth consecutive month. The Ministry of Commerce reports that from January to May, China garnered 412.51 billion yuan in FDI, a stark 28.2% decrease from the previous year. This trend, ongoing since June 2023, saw a 27.9% reduction in the first four months of this year.
42 sats \ 2 replies \ @160ed04091 24 Jun
i think Chinese companies have become more competitive, often receiving support from the government. This can make it harder for foreign businesses to compete and succeed in the Chinese market.
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42 sats \ 0 replies \ @zx 24 Jun
I'd wager that some have, and some haven't. There's a tonne of companies all competing with each other within China. Those that are competitive (especially those that receive support, like you say) survive, while the others that don't, struggle in leaner times.
I'm not sure how this looks industry-wide, but I know of companies that are not doing great, due to lack of investment in the domestic market, so surely that applies to FDI.
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0 sats \ 0 replies \ @TomK OP 25 Jun
Oh yes. I saw in recent days that they are no. 1 in publishing articles in science for example...
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