For subscribers
More than assurances will be needed to revive FDI into China
The bad news is that foreign investors have serious concerns. The good news is that Beijing is listening.
Sign up now: Get ST's newsletters delivered to your inbox
A longstanding complaint among foreign investors relates to China's increasingly nationalistic economic policies.
PHOTO: AFP
Follow topic:
After a harrowing year of rolling lockdowns and business closures amid a new wave of the Covid-19 pandemic in 2022, the Chinese government declared 2023 as “the year of investing in China”.
But things turned out quite differently. Net foreign direct investment (FDI) into China tanked 82 per cent over the previous year to US$33 billion (S$44.5 billion),
