China Loses Record $15 Billion of Foreign Investment
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Published 2024-08-12
Bloomberg's James Mayger explains the likely pessimism about the world’s second-largest economy on "The Pulse with Francine Lacqua."
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All Comments (21)
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3000$ billion + chinese foreign reserves is unbelievable amount of money
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Misleading headline as always ! It’s foreign businesses losing money in China that’s moving out of China!😂
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Intel alone lost 30B overnight, this is nothing
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China has almost 1t in trade surplus, 15 b is almost nothing
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15 billion to China is similar to you deciding whether it's worth bending down to pick up a nickel or a penny in the street.
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What he is saying is that China is too strong, and squeezes out foreign firms.
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Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
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This is a drop in the ocean
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So.. basically he was saying the competition in China is too fierce and foreign firms are pulling out.
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That's 5 day of China's trade surplus across an entire quarter....
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How much US lost again in stock market? 😂
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political risk
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They've been replaced by local companies that what happened is not a bad thing for a country
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This is mainly due to the fact that investors are no longer rich and willing to invest as a result of interest rate hikes in the US dollar and a series of monetary tightening policies.
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Only normal to pull money from struggling economy to strong economy. Its cyclical
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15 billion of speculative stock money left because there are no easy pickings.
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Hahaha its us companies loosing market in china
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15billion to Chinas economy is like losing a few grams of a penny from ur economy lol
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Even if true, this amount won't cause any significant impact to China's economy. Some hiccups but nothing substantial compared to the US and western losses. 😂😂😂 China is the world's factory; they will gain back in a very short time.
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Good for y'all, nonsense. What can a 15 billion dollars do to a 20 trillion economy? Nonsense. You should be discussing the economic collapse in the so called west.
