China’s responses to crumbling foreign investment may take time to stoke rebound
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Synopsis
Net FDI into the Chinese mainland in Q3 continued to slide, recording its first negative reading since the key economic measure began being compiled 25 years ago, as per State Administration of Foreign Exchange data last month. While the Chinese government’s efforts could be setting the stage for a rebound, it may take time, says analysts.
By Wang Shiyu, Wang Liwei and Zhang Yukun While some foreign investors have been pulling money out of China as confidence has been battered, recent government efforts could be setting the stage for a rebound, but it may take time, analysts told Caixin. “Many investors we talked to during a September visit to Wall Street said they weren’t expecting China to backpedal from opening up its financial sector,” a Chinese economist said. “But they
BY
Caixin Global
7 mins read
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