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Why is China struggling to attract foreign businesses?

Nearly nine-tenths of all foreign investment in China鈥檚 stock market this year has been pulled out, says a Financial Times鈥檚 investigation.

Nearly nine-tenths of all foreign investment in China鈥檚 stock market this year has been pulled out, according to an investigation by Financial Times. We look into the reasons.

The major European property developer, Signa, based in Austria, has announced that two of its key divisions were filing for insolvency. We get the latest from Vienna.

And the Turkish government has responded to rising prices by imposing a 49% hike in the country's minimum wage. Will it be enough to cope in an economy with a 62% inflation rate?

(Picture: People walk inside a shopping district in Beijing, China, 09 December 2023. Picture credit: MARK R CRISTINO/EPA-EFE/REX/Shutterstock)

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27 minutes

Last on

Thu 28 Dec 2023 22:32GMT

Broadcast

  • Thu 28 Dec 2023 22:32GMT