Foreign Investment Decline in China
This is a China news story, published by Australian Institute of International Affairs, that relates primarily to the Communist Party's news.
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China strategiesAustralian Institute of International Affairs
•Foreign Capital Exodus from China Accelerates - Australian Institute of International Affairs
83% Informative
China was once a magnet for foreign investment. Foreign firms were eager to use it as a low-cost production location to manufacture goods that they then exported elsewhere.
But as China ’s economy slows down and tensions with the US rise, foreign investors are pulling out from China at a speed unseen in decades .
China 's leaders have pledged further opening of the economy to foreign investment.
A new company law has just come into effect in the country in July this year , which has brought a series of substantial changes that can add an extra layer of complexity for foreign firms operating in China .
The new requirement about having a worker representative on the boards of companies with more than 300 employees has also raised concerns about whether the Communist Party's cells may dominate the nomination process.
VR Score
86
Informative language
87
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16
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formal
Language
English
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65
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15
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