Comfortably numb...
China pushes property morphine as its economy settles into a bureaucratic coma
Foreign direct investment into China last year fell to its lowest since 1993, reflecting the diminishing outlook for the country’s economy and its increasing restrictions on foreign businesses.
FDI in 2023 fell 80% from 2022, to $33 billion, according to data from the State Administration of Foreign Exchange. Chinese companies' investments abroad rose 3%…