Asia Financial on Nostr: nostr:note1gl9emnep00d0uh36q7zndw42klwq76v3ex950acl8nhdydnfqgxqk3umj3

quoting note1gl9…umj3

Foreign Direct Investment in China Plunges 56% in Q1: Impact on China's Economy and Technological Innovation
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#467fc8d1 ver:0.07

Foreign direct investment (FDI) in China dropped by 56% in Q1 2024, reaching $10.3 billion, due to a weakening economy and deteriorating ties with the US. This decline could negatively impact China's economy, hinder technological innovation, and production capacity. Foreign companies accounted for over 50% of China's exports, but the decline in FDI has led to a disproportionate impact. Beijing must address the information gap and communication chasm to restore foreign confidence and attract more FDI. #ChinaEconomy #FDI #TechnologicalInnovation...

#newstr #ForeignDirectInvestment #China #Economy #TradeWar #CounterespionageLaw #InformationGap #CommunicationChasm #TechnologicalInnovation #ProductionCapacity

https://here.news/story/467fc8d1?ver=0.07