Recent claims by Western media about foreign investors fleeing China's economy have been slammed by experts as misleading hype. According to Liu Yangsheng, founder of Impact Asia Innovation Capital, the narrative of a 'foreign capital exodus' ignores key data—and reality.
'These murmurs don’t need to be heeded at all,' Liu told CGTN, pointing to surging investments from Europe and the Middle East. Germany’s foreign direct investment in China hit near-record levels in early 2023, while Saudi Arabia, Qatar, and the UAE are doubling down.
'Middle Eastern investors see China’s vast consumer market as a golden opportunity,' Liu added, noting that over eight Saudi ministers visited China in six months—a shift from just a few years ago. Meanwhile, U.S. market risks and geopolitical volatility are pushing global capital toward stability.
While Western headlines focus on short-term stock shifts, Liu argues the bigger picture shows China’s economy remains a magnet for smart money. 'The West keeps crying wolf, but the wolves aren’t here,' he said.
Reference(s):
cgtn.com