Foreign Investors Pulled a Record $15 Billion Out of China in Second Quarter

08/12/2024 Bloomberg’s financial reporter James Mayger: That foreign investment in China fell in the second quarter of this year is because yields and investment environment in the U.S. and other developed economies are better than those in China and many foreign companies are not able to compete in the Chinese market against local companies like BYD anymore. Chinese companies’ outbound investment hit a record $71 billion, it’s driven by their attempts to take advantage of the demand for their goods and avoid high tariffs.
#ForeignInvestmentinChina #tariff #overseasinvestment #EVs
08/12/2024 《彭博社》财经记者James Mayger：今年第二季度外国对华投资下降是因为美国和其他发达经济体的收益率和投资环境要好于中国，以及许多外国公司已经无法在中国市场上与比亚迪这样的本土企业进行竞争。中国企业的海外投资达到创纪录的710亿美元，其推动因素是中国企业试图利用对其产品的需求这一优势以及避开高额关税。
#外国对华投资 #关税 #海外投资 #电动汽车