News Snapshot:
China FDI and trade data from May 2022 indicate a slight recovery from a considerable slowdown in previous months due to the impact of COVID-19 restrictions. The higher growth rates are a positive sign, but an uncertain outlook and weak demand may weigh on growth through the rest of the year. We break down the May data and discuss the measures China is taking to stabilize foreign trade and investment. China’s Ministry of Commerce (MOFCOM) has released the foreign direct investment (FDI) for the period from January to May 2022, showing a slight dip in growth from the previous month...
