Foreign business direct investment (FDI) in China rose to just $33 billion in 2023, to its lowest level since 1993, underscoring Beijing's challenges to attract new funds to support its economy amid declining confidence. and investors seeking higher returns.
According to the State Administration of Foreign Exchange (Safe), last year's flows were 82% lower than those of 2022. The Safe indicator is more volatile than others on direct investments as it includes a wider range of activities linked to foreign capital inflows.
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