Foreign investment in China in 2023 at 30-year low. Foreign business direct investment (FDI) in China rose to just $33 billion.
Last year's flows were 82% lower than those of 2022. Beijing's challenges to attract new funds to support its economy amid declining confidence and investors seeking of higher returns. The Safe indicator is more volatile than other direct investment indicators as it includes a broader range of activities related to foreign capital inflows. The State Administration of Foreign Exchange (Safe) made the announcement.