The trade war between the US and China appears to be having a serious impact on investor confidence. Photo: AFP

China’s foreign direct investment plunges 27.6 per cent in November on trade war worries

  • Investors spooked as fears of further tariff increases cause sharp deterioration in business confidence about China’s economic outlook
  • November drop came before trade war truce agreed by Trump and Xi
Topic |   China economy

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The trade war between the US and China appears to be having a serious impact on investor confidence. Photo: AFP
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.