Foreign investment into China turned negative for the first time on record in the third quarter, The outflow of foreign direct investment, or FDI, is a reflection of the sharp deterioration in China's economic prospects. The world's second-largest economy continues to struggle with a sluggish COVID recovery, a deterioration in consumer and business confidence, and ongoing decoupling and deglobalization trends. A broad measure of FDI published by China's State Administration of Foreign Exchange on Friday showed an outflow of $11.8 billion in the third quarter, the first negative print since the agency began compiling the data in 1998. #Data is beautiful

Nate

2 years ago

shared a media post in group #Data is beautiful via #A Glance of China 行摄中国

Foreign investment into China turned negative for the first time on record in the third quarter,

The outflow of foreign direct investment, or FDI, is a reflection of the sharp deterioration in China's economic prospects. The world's second-largest economy continues to struggle with a sluggish COVID recovery, a deterioration in consumer and business confidence, and ongoing decoupling and deglobalization trends.

A broad measure of FDI published by China's State Administration of Foreign Exchange on Friday showed an outflow of $11.8 billion in the third quarter, the first negative print since the agency began compiling the data in 1998.
#Data is beautiful

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