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2023年11月16日

Mark O’Neill EJ Insight

Why China's FDI flow turns negative

In the third quarter of this year, outflow of foreign investment from China exceeded inflow, a net minus of US$11.8 billion – the first negative in the data since 1998. The figures, released by the State Administration of Foreign Exchange, vividly show the deterioration of foreign direct investment (FDI) in China. Analysis shows that in September, FDI fell by 34 per cent from the same month in 2022 to 72.8 billion yuan (US$10 billion). The figure has been declining by double digits every month since May this year. In a survey this September of member companies by the Japanese Chamber of Commerce and Industry, nearly half of respondents said that they would not invest in China at all in 2023 or would invest less than in 2022. ...

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