Xi’s China In Six FDI charts

From the BRI to the ‘new normal’, a retrospective on 10 years of changes, By Seth O'Farrell, FDI Intelligence,

In 2012, Xi inherited an economy that was still a must-have market for many foreign businesses. At the beginning of the 2010s, the estimated capital expenditure of greenfield foreign direct investment (FDI) into China hovered between $70bn and $80bn, according to fDi Markets — higher than any other country. As the decade went on, China’s top spot as an FDI destination fluctuated in a tussle for supremacy with the US.

Since Xi Jinping came to power in China in 2012, he has waged a campaign against government corruption, boosted China’s influence overseas by launching the Belt and Road Initiative (BRI) and prioritised an economic shift towards domestic consumption over export-driven manufacturing. But has the dragon come of age? VIEW ARTICLE

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