China jumps from 7th to 3rd in ranking

FOREIGN investors' confidence in China is on the rise. The country improved its ranking as an attractive destination to invest over the next three years, jumping to the third place from the seventh in 2023 and continuing to lead emerging markets, according to a report released by Kearney on Monday. The report aims to understand global investors' views on future flows of foreign direct investment (FDI).

Analysts said that such a level of confidence showed that global investors are optimistic about China's economic prospects, as several indicators have exceeded expectations since the beginning of 2024.