Foreign corporate 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 of 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 other direct investment indicators as it includes a broader range of activities related to foreign capital inflows.
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