BEIJING -- Foreign direct investment in China plunged 99% over the past three years, Chinese government data shows, as an economic slowdown and concerns about an intensifying anti-spying campaign drive companies away.
Economy
China's foreign investment tanks 99% in 3 years amid economic slowdown
Country sees cutbacks by IBM, Microsoft, Bridgestone and others in 2024
China's increasing focus on national security, including espionage, has foreign companies worried. © Kyodo
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