Logo 25 Oct 2021

Complex and grim

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On Friday, the Ministry of Commerce (MofCom) released its Five-Year Plan (FYP) on foreign investment. 

The top-line target: MofCom wants foreign direct investment (FDI) into China to hit USD 700 billion between 2021 and 2025. 

That's an ambitious target, right? Wrong.

It’s just 0.2% h...