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What makes China’s latest wave of foreign capital withdrawal different? It’s structural
With the outbreak of the trade war with the United States and the imposing of US tariffs, China’s foreign trade and investment environment is facing great changes. Some foreign investors have chosen to withdraw to avoid tariffs and evade sanctions. At a July 11 news conference in Beijing, commerce ministry spokesman Gao Feng said he had noticed reports of affected business confidence at some foreign firms in the country but that the government will continue to safeguard the business environment. In China, the number of enterprises with foreign investment and the overall scale of foreign capital have yet to decrease ... (full story)