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FDI into China Plummets by 56%: Xi Jinping's Stringent Policies to Blame? | Vantage with Palki Sharma
Foreign direct investments (FDI) into China have plummeted by 56% percent in the first quarter of 2024, with Beijing receiving just over $10 billion in foreign investments. This follows China's worst year of FDI investments in 3 decades, when the country managed to get just $30 billion in FDI in 2023. Foreign investors are refraining from committing investments in China as the country suffers economically. Chinese President Xi Jinping reportedly tried to woo foreign investors in March this year, when he met with America's top business leaders. But back at home, President Xi's Community Party is cracking down hard on foreign businesses with stringent policies. Palki Sharma accesses the reason behind the fall in foreign investments in China, and the role the Communist Party and its policies are playing in making matters worse for Beijing's economy.
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Foreign Direct Investment | China | Plummet | Xi Jinping | Communist Party | Policies | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#foreigndirectinvestment #fdi #china #plummet #xijinping #communistparty #policies #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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