In the January-February period, foreign investment flows to China amounted to 215.1 billion yuan (about 30 billion dollars), decreasing by 19.9% compared to the same period in 2023. writes about this Reuters With reference to data from the Ministry of Commerce of the People’s Republic of China.
The newspaper writes that investors fear pressure from local regulators, which is present in all sectors from technology to education. Just last year, American businessmen said China had become “uninvestable.”
In 2023, foreign direct investment in China fell 8% year-on-year.
On Tuesday, March 19, China’s Cabinet announced new steps to combat the decline in foreign investment. These include expanding market access and relaxing some regulations.
The day before the yuan exchange rate collapsed at least four months.
Previous prices of cocoa beans updated record.