A big country called China is having some problems with another big country called the United States. They are not getting along very well and this is causing some trouble for businesses in China. Some people think that the United States might stop buying things from China, or that Chinese companies will have to make their products somewhere else. This could be bad for the people who work in those businesses and for the Chinese economy.
But even though things are not going well with the United States, some people still want to invest money in China because it is a very big and powerful country. They think that there are some businesses in China that will still do well, even if the economy is not growing as fast as before. These businesses could be making things like solar panels or electric cars, which are popular around the world.
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- He criticizes the
- Continue focusing on Chinese manufacturers of EVs and solar, two sectors China currently dominates.
- Investors are in China because it's the second-largest economy in the world.
- U.S. foreign direct investment into Chinese manufacturing broke a record in 2023, hitting a total $59.31 billion, up from the 2022 record of $56.56 billion, according to the Bureau of Economic Analysis.
- Barclays is keeping with its 4.8% GDP forecast for 2024, which is just under Beijing’s 5% target line.