Investment
Net Foreign Direct Investment Withdrawals From China Hit Record High
China saw a record high $14.8 billion in net foreign direct investment (FDI) withdrawals in the second quarter, according to preliminary data released Friday by the State Administration of Foreign Exchange (SAFE).
This marks the second net FDI outflow in available SAFE data dating back to 1998.
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Net FDI, measured through China’s capital and financial accounts, reflects monetary flows into and out of the Chinese mainland that are connected to overseas-owned entities and used for investment in assets such as manufacturing and real estate.
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