Foreign Investment in China Dips as Firms Wary of Growth Outlook and Uneven Playing Field
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China held events to attract foreign investment, but executives remain cautious about expanding in China due to economic concerns and an uneven playing field.
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Foreign direct investment in China fell 8% last year and 80% early this year, indicating fading confidence.
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Factors concerning investors include doubts about China's growth, increasing regulation, Beijing pushing national champions, and strained US-China relations.
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Chinese firms backed by the government avoid profit pressures, leading to overcapacity in industries like auto production.
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Recent Chinese policy changes intend to boost foreign investment, but practical impact remains uncertain.