China is—allegedly—a large-scale pilferer of intellectual property, runs roughshod over foreign companies’ rights and is bracing for a drawn-out trade war with the U.S.
Foreign investment must be in retreat, right?
Wrong. China was the top spot for foreign direct investment globally in the first half of 2018—with investment up 6% to $70 billion, according to a United Nations report—edging out last year’s champion, the U.S. Chinese figures also put FDI already put to use up 6.4% through September year to date, the fastest since 2015.