2022 saw a 30-year low in foreign investments into China, prompting Xi Jinping to meet US business leaders to address concerns and boost investor confidence.
China's annual CEO summit, the China Development Forum (CDF), has faced uncertainty over which top leaders will meet with attendees, including Apple's Tim Cook, Pfizer's Albert Bourla, and FedEx's Raj Subramaniam. Foreign businesses' direct investment into China plummeted to a 30-year low in 2022. Despite these concerns, Chinese officials are trying to boost investor confidence. Chinese leader Xi Jinping plans to meet a group of US business leaders next week after a government-sponsored forum in China, aiming to address concerns from American companies following an outflow of foreign capital.
March 21, 2024
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