Bloomberg Daybreak: Asia Edition cover image

Foreign Investment in China Falls, Tesla Replaces CFO

Bloomberg Daybreak: Asia Edition

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The Decline of Foreign Direct Investment in China

The reshoring move is definitely on companies mine. The China economist over at Sock Gen Michelle Lam was a calling this trend kind of alarming which then takes us to the trade data that we're expecting later today. A lot of the weakness globally is probably the big reason why and weak consumption domestically also caused imports to continue to contract. So there is a deflationary story now in China.

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