Part 2/10:
Despite persistent hope that the Chinese economy has hit rock bottom, evidence suggests otherwise. The severity of the deflationary crisis has only deepened, as indicated by a staggering decline in foreign direct investment throughout 2024 and into early 2025. According to the State Administration of Foreign Exchange (SAFE), FDI fell by 168 billion USD in 2024, marking the largest capital flight since 1990. Comparatively, foreign investment reached a historical high of 344 billion USD in 2021, illustrating a drastic reversal of fortune.