A view of Shanghai’s Lujiazui Financial District, which transformed from paddy fields into locations for some of China’s tallest skyscrapers within 30 years. Photo: SCMP/Keith Chan

Foreign funds stay away from Shanghai, in biggest slump since 2010

Contracted and direct foreign investments to China’s biggest commercial city in the first six months have dropped, with no turnaround in sight

Topic |   China economy

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A view of Shanghai’s Lujiazui Financial District, which transformed from paddy fields into locations for some of China’s tallest skyscrapers within 30 years. Photo: SCMP/Keith Chan
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