Business Standard

Trade war, pandemic no bar as foreign investment keeps pouring into China

For all the talk of an economic decoupling between China and the US and its allies, foreign companies continue to pour money into the Asian nation

New foreign investment is on track to set another record in 2020, hitting 94% of last year’s total by the end of November
Premium

New foreign investment is on track to set another record in 2020, hitting 94% of last year’s total by the end of November

Bloomberg
For all the talk of an economic decoupling between China and the US and its allies, foreign companies continue to pour money into the Asian nation.
 
The coronavirus pandemic and trade tensions have highlighted the risks of over-reliance on China, prompting several countries to consider diversifying supply chains, with a potential knock-on effect on investment.

Yet the latest official data from China shows that hasn’t happened. New foreign investment is on track to set another record in 2020, hitting 94% of last year’s total by the end of November, according to Commerce Ministry data released this week.​

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 18 2020 | 12:54 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com