A measure of foreign direct investment in China declined for the 12th straight month, underscoring Beijing’s struggle to improve its appeal to overseas investors to boost growth.
Inbound FDI in China dropped 28.2% in the first five months of 2024 from the same period last year to 412.51 billion yuan ($56.8 billion), according to data released by the Chinese Ministry of Commerce on Friday. The figure was worse than the 27.9% drop in April and extended a streak since June 2023.
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