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Investing in China is a superior option for multinationals

CHINADAILY  · 公众号  · 时评  · 2024-04-29 12:30
A bad decision in everyday life may result in a few hours of inconvenience, but when an international investor bets on the wrong market, that could lead to missed opportunities or even significant losses.▲A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. [Photo/China Daily]As a leading destination for international capital, China saw a 20.7 percent increase in newly established foreign-funded firms in the first quarter of the year, and foreign direct investment (FDI) in the country remained at a high level, coming in at 301.67 billion yuan ($42.46 billion).But what is motivating global investors to opt for the Chinese market, particularly in the context of the current slowdown in global FDI?For US food giant Kraft Heinz, the answer is an insatiable appetite for premium products. "China has a large population and vast market space, and the demand for diversified and high-end consumption is increasing day by day," said Frede ………………………………

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