Foreign Corporations Extract Billions from Chinese Operations

Foreign companies are withdrawing profits from China, with over $160 billion taken out over six quarters through September, marking a shift in foreign investment patterns as growth slows and U.S.-China tensions rise. This has led to China experiencing net foreign direct investment loss for the first time in 25 years, contributing to the depreciation of the yuan and reflecting concerns over geopolitical risks and the attractiveness of financial returns elsewhere.