Why Does China Attract Foreign Capital?
China is number 31 in the ease of doing business rankings. Yet the world still invests in China the most.
Despite being relatively business-unfriendly, if the world’s 31st-ranked nation can attract such large amounts of foreign investment, surely the world’s first ranked nation must be doing as well as China, if not better.
But New Zealand, ranked first in the world for its business-friendly climate, doesn’t come close to China in terms of foreign investment.
Corona-virus has skewed the perception of China for global business as well. But the big bucks keep flowing in.
What makes China so attractive as a market then?