November 4, 2023

Foreign investment in China turns negative for first time: Money flows out of country on concerns over U.S. tensions, anti-spy laws – IORI KAWATE, Nikkei staff writer

Outflows of foreign direct investment in China have exceeded inflows for the first time as tensions with the U.S. over semiconductor technology and concerns about increased anti-spying activity heighten risks.


FDI came to minus $11.8 billion, with more withdrawals and downsizing than new investments for factory construction and other purposes. This marked the first negative figure in data going back to 1998.

H/t: Instapundit