https://www.scmp.com/rss/5406/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com China’s State Council has called on the ministries to further open the country’s economy to foreign companies. While analysts indicate this might be in response to stagnating inward foreign direct investment (FDI), complaints from foreign companies, the spectre of a trade war with the United States, and calls for reciprocity as Chinese companies invest abroad, there are more fundamental forces at play. China does not need the money. In recent years, FDI has accounted for only about 2.5 per cent... https://www.scmp.com/week-asia/opinion/article/2108351/heres-why-incoming-fdi-far-more-important-china-thought?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/2108351/heres-why-incoming-fdi-far-more-important-china-thought?utm_source=rss_feed Sun, 27 Aug 2017 02:17:27 +0000 When I started coming to Hong Kong in 1995, I had read the reports of Hong Kong's imminent demise and was ready to drive a few more nails into the coffin of a once prosperous economy. Yes, Hong Kong had been called the world's freest economy and the world's third most competitive economy. It had become the world's fourth leading source of foreign direct investment, its eighth leading trading economy, and one of its wealthiest in terms of per capita purchasing power. It had become the... https://www.scmp.com/article/191211/building-hong-kongs-combination-success?utm_source=rss_feed https://www.scmp.com/article/191211/building-hong-kongs-combination-success?utm_source=rss_feed Sun, 06 Apr 1997 16:00:00 +0000