No, foreign FDI shifted from China to south east asia factories. There's a reason xi Jing ping was begging to share on a 'common dream' when he visited Vietnam this month.
Sure, foreign companies are losing in Chinese auto markets. That's to be expected with Chinese government support of local EV companies, as well as nationalistic fervor. The Chinese auto market is a small one compared to US however. And it's shrinking with China's economic collapse.
Sure, foreign companies are losing in Chinese auto markets. That's to be expected with Chinese government support of local EV companies, as well as nationalistic fervor. The Chinese auto market is a small one compared to US however. And it's shrinking with China's economic collapse.