China fails to deliver bold moves to reassure foreign investors

Overseas companies seek balance between derisking and access to huge market

20240718N China economy

A women walks by a billboard showing a picture of the Forbidden City in Beijing. Foreign direct investments in China have fallen to a 23-year low. © AP

SHUNSUKE TABETA, Nikkei staff writer

BEIJING -- The Chinese Communist Party on Thursday put forward an economic agenda that claims to address risks posed by the slumping real estate sector, yet likely falls short of allaying concerns of foreign companies.

This presents overseas investors with a dilemma. On one hand they want access to the country's vast market, but Beijing has failed to ally concerns about the risks involved.

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