Free Trial

MNI BRIEF: China Must Support Foreign Firms - He Lifeng

MNI (Beijing)

China must create more opportunities for foreign firms to deepen their interests in China, Vice Premier He Ligfeng told Singaporean business representatives at a meeting in the Great Hall on Monday, according to Xinhua news.

De-risking and the diversion of capital to the U.S. could see German foreign direct investment into China fall this year to below the pre-Covid level of EUR5.5 billion, a senior trade representative told MNI recently. (See: MNI INTERVIEW:German-China FDI To Fall In 2024 - Snr Trade Rep)

Whilst advisors told MNI warmer China-U.S. relations will not reverse the decline of foreign direct investment anytime soon, and authorities should pursue pro-growth policies to attract hesitant offshore capital. (See: MNI: China Should Buoy Growth To Woo Hesitant FDI - Advisors - Bonds & Currency News | Market News

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.