China’s overseas acquisitions tanked in 2020. Where did its companies still choose to invest?
Wingtech’s stake in Nexperia increased by nearly 20 percent in 2020. Credit: Wingtech
Chinese investors are proving less ready to splash their cash overseas.
Numbers through November from the Chinese government showed $95 billion in overseas non-financial deals, which make up only a part of all overseas funding. However, the China Global Investment Tracker (CGIT), run for years by the American Enterprise Institute and the Heritage Foundation, found just $30.5 billion worth of significant investment and construction deals over the entire year.CGIT only tracks de
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
After years of planning and investment, robotaxis are finally hitting the road in China. Accidents and the impact of self-driving vehicles on employment remain concerns, but the government remains committed to developing the industry into a global leader.
China’s five-year long property market woes have transformed the sector, but there are signs the government is determined to arrest the slide this year.
The economist explains why local governments’ debt woes are the key to China’s economic issues, and why the country could do with more Taylor Swift concerts.
Now on podcast platforms everywhere, The Wire China hits the airwaves to take you behind the scenes of the stories we cover each week. We are dedicated to understanding and explaining one of the biggest stories of our time: China’s economic rise and its influence on the world.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy
