Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Shanghai Expo Sees 80% Fall In Taiwanese Exhibitors! First Negative Foreign Investment in 25 Years" video.

  1. 📉 China's foreign direct investment turns negative for the first time since 1998, signaling increased downward pressure on the economy. 00:06 Premier Li Chang calls for relaxation of market access for foreign capital at the China International Import Expo. Lack of confidence among foreign investors due to contradictory statements from Chinese Communist Party officials. Premier Li Chang highlights China's commitment to high-level opening up and easing of market access at the Expo. 📉 China's shrinking export market and challenging business environment lead to a significant decline in Taiwanese participation in the China International Import Expo. 02:35 China's shrinking export market makes it difficult for them to import goods. Concerns arise from China's challenging business environment, unpredictable policymaking, and worsening geopolitical tensions. The participation of Taiwanese companies in the China International Import Expo declined by approximately 81% compared to previous expos. 💼 Taiwanese businesses are establishing production bases in Southeast Asian countries due to high tariffs and difficulties in competing with local Chinese companies. 05:23 Smaller Taiwanese companies are directly moving to Vietnam, Thailand, or Cambodia. Tariffs from China to the US could reach 14-15%, while it's only 7% for Taiwan and around 5% for Southeast Asian countries. Taiwanese businesses find it hard to compete with local Chinese companies in the Chinese market. 📉 Foreign businesses are unlikely to invest in China due to its poor capital market performance and negative perception in the global market. 07:58 Wall Street Giant Vanguard Group is shutting down its office in China's mutual fund market and has signed severance agreements with its employees. US polling and consulting firm Gallup is informing clients of its withdrawal from the Chinese market. 📉 China's declining foreign direct investment and efforts to curb currency selling are putting pressure on the devaluation of the Chinese yen. 10:26 The onshore trading volume of the Chinese yen against the US dollar fell to a record low in October, prompting the People's Bank of China to urge major banks to limit transactions and discourage yen to dollar conversions. China's foreign exchange outflows increased to $75 billion in September, the largest monthly figure since 2016. Foreign investment in China is seen as crucial for attracting capital, orders, technology, and management models, and there is a growing eagerness from Beijing to return to an attractive market.
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