A new era of China’s overseas investment
After a period of rapid expansion, China's overseas direct investment has witnessed a significant decline in recent years. This was not only due to China’s economic slowdown and capital account scrutinization, but also the concerns brought forward by the West for Chinese inward FDI on the name of national security.Specially, China's overseas direct investment has plummeted by over two-thirds compared to the peak levels reached in 2016-2017. The Covid outbreak accelerated the existing downward trend. Even as China exited its zero-Covid policy, the increase in China's overseas direct investment ...