Chinese investment overseas actually scored a 13-year low in 2020 thanks to COVID and the rising tensions of economic uncertainty as the West tries to pressure China to join the Great Reset. Even the pandemic-related travel restrictions curtailed put a huge barrier to foreign investment for China. Most critical has been the fact that Chinese foreign direct investment into Europe came in as a 10-year low in 2020 for the 4th consecutive year-on-year decline.
Our models are projecting a further 3-year decline into 2023 before any temporary low can even form. Moreover, it also appears that there may be the liquidation of Chinese direct investment into Europe going into 2023.