ntering the year of 2024, downbeat voices on the Chinese economy still seem to be the mainstream in the Western world. It’s an undeniable fact that China’s economy has faced difficulties. From July to September 2023, direct investment liabilities—a broad measure of foreign direct investment that includes foreign companies’ retained earnings in China—recorded the first quarterly shortfall since China’s foreign exchange regulator began compiling the data in 1998. Additionally, according to the General Administration of Customs of China, the
