Foreign direct investments into mainland China have reached the lowest level in three decades, amid slowing growth and geopolitical tensions.
Mainland China recorded $33 billion of fresh direct investment liabilities in 2023, according to data from the State Administration of Foreign Exchange. This measure of net money inflows linked to foreign-owned entities in China fell to the lowest level since 1993.
Last year, China recorded GDP growth of 5.2 percent, according to government figures. Although this was higher than the official target of around 5 percent, there were nonetheless data releases that indicated a persistent slump in areas like consumption and investments.
