China seeing ‘exodus’ of foreign investment

Asia Correspondent Stas Butler says China is experiencing an “exodus” of foreign investment.

Mr Butler pointed the US export restrictions as a factor.

“People generally see China as a less safe place to invest,” he told Sky News Business Editor Ross Greenwood.

“So really, they’re relying on consumers.

“They’re relying on consumers to turn around and start spending and start turning China gradually from an export-oriented economy to a domestic, consumption oriented one.”

[ArmageddonIsHere]

Couldn't be happening to a more deserving government.

Although one feels sorry for the people.

[awc]

Manufacturers are starting to move to India in large numbers.

[peterlomax]

How much of this 5% GDP is real and how much of is it that just about purchasing product and services that add no value to the country to achieve that GDP. Already we see the amount of housing has out stripped the population.

[Birch]

That's a CCP 5% not actually 5%. To calculate actual GDP
CCP data x 0.40 = Actual Data

[bhubestakesoponsatien]

Western way of mentality and system ?

[absolootely]

He means the overseas property speculators are shoe-ting through like a Bondi tram.

[De-Centralized]

Aussie iron ore, the foundation of the PLA

[jgeehdeewestsdegethemuLa]

What goes around comes around except foreign investment

[Bernard-foqo]

She Ping Ding doesn't know what he is doing. He can climb a political ladder but he doesn't understand that you can't blend Communist economics with Capitalist economics. He has created a Great Leap Backwards. He is Mr. Big Smile while country falls apart.

[overworlder]

The fact XJP doesn’t care is a bad sign. Continuous tightening control, military buildup, urging war prep, it’s not looking good.

[bhubestakesoponsatien]

Just simple math, 5 4 3 % mount up to what figure ? Why ?

[Seven.Heavenly.Sins.]

Australia expects no economic growth of 0% in 2024. Zippo! Nadda!

[SonjaBlackall-qbnb]

The dumbest thing these retreating Investor's didn't do was not to get out earlier!

[TmoneyOGGamer]

Why not 10%, it’s whatever you said it would be, like magic

[JsckSzx]

usa been working hard to try and get countries to stop doing business with china. all people want to do busines with china.

[jules]

China printed 25% of its entire currency in circulation in the last year alone yet it’s barely made a dent. 2024 is going to be wild for the CCP

[rare]

Something epic will change money and banking in the coming months 😮

[thetruthinquirer]

China has a GDP growth rate of 5%, you have to be on fentanyl to experience the hallucination of the exodus. IMF said that the PPP of China is 20+% higher than US. World Bank estimated the Chinese economy to be 18% larger than America's. Guessed where the exodus is going to happened.

[sunshine]

Foreign companies are free to go into china and free to leave China. So what is the problem?

[gundytiger]

Family money trying to get out..they want security for thier childrens future