China's Latest Problem: People Don't Want to Go There
As geopolitical tensions rise, fewer visitors are traveling to the world’s No. 2 economy, widening the East-West divide
Stay updated with breaking news from Mark Witzke. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
As geopolitical tensions rise, fewer visitors are traveling to the world’s No. 2 economy, widening the East-West divide
Direct investment from China fell 22% to €7.9 billion in 2022, according to a report published Tuesday by the Berlin-based Mercator Institute for China Studies and New York-based Rhodium Group.
Official U.S. government figures show cumulative Chinese investment in the United States in 2021 was around $54 billion, or roughly 1 percent of total foreign investment.
Hardest hit by restrictions on access to the China National Knowledge Infrastructure will be researchers unable to go to China who are trying to understand the country
Political and regulatory issues are conspiring to eviscerate the dreams of many multinationals, and direct investment into China by foreign companies is falling off a cliff.