Figures out a little earlier for Direct Foreign Investment into China showing it fell again.
Article from Bloomberg with more detail/discussion:
China Foreign Investment Falls for 11th Time in 12 Months
Why is investment falling – we have the usual suspects:
- economic growth cools
- territorial dispute with Japan harms trade.
But also an interesting point raised (more of a longer-term view):
“The economic growth model is changing, and some investors may have to relocate to other countries if they are seeking just low costs,” Li Huiyong, chief economist at Shanghai-based SWS Research Co