
Foreign Investment in China Falls, Tesla Replaces CFO
Bloomberg Daybreak: Asia Edition
00:00
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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