Sharp Decline in China's Foreign Direct Investment
China's foreign direct investment plummeted to 826.3 billion yuan in 2024, marking a significant 27.1% year-over-year decline. The drop was slightly smaller than the January-November period's decrease but notably higher than 2023's 8% dip. The trend reflects broader economic challenges facing the nation.
- Country:
- China
China has experienced a substantial decrease in foreign direct investment, totaling 826.3 billion yuan in 2024, according to data released by the Chinese commerce ministry on Friday.
The decline stands at 27.1% compared to the previous year, indicating deeper economic issues. This reduction, while slightly less severe than the 27.9% decrease seen in the January-November timeframe, surpasses the 8% decline recorded for the entirety of 2023.
This significant reduction in investment highlights ongoing challenges within the Chinese economy, with potential implications for global financial markets and international businesses.
(With inputs from agencies.)
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