Chinese Money Flees the Western World

Chinese investment in the West is declining as Chinese companies shift their focus to Southeast Asia and other regions, with nickel-rich Indonesia being the top recipient. The retreat of Chinese money could have implications for job creation and capital availability.

July 30, 2023 . 10:28 AM

1 min read

Chinese investment in the West is declining as hostility to Chinese capital grows.
Chinese companies are now investing in factories in Southeast Asia and mining and energy projects in Asia, the Middle East, and South America.
The biggest recipient of Chinese investment this year is nickel-rich Indonesia.
The shift in investment flows highlights China's response to souring relations with the West and its focus on cementing alliances and securing resources elsewhere.
The retreat of Chinese money in the West could have implications for job creation and capital availability.