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Why is China struggling to attract foreign businesses?
Publisher |
BBC
Media Type |
audio
Podknife tags |
Business
News & Politics
Categories Via RSS |
Business
News
Publication Date |
Dec 28, 2023
Episode Duration |
00:27:19

Nearly nine-tenths of all foreign investment in China’s stock market this year has been pulled out, according to an investigation by Financial Times. We look into the reasons. The major European property developer, Signa, based in Austria, has announced that two of its key divisions were filing for insolvency. We get the latest from Vienna. And the Turkish government has responded to rising prices by imposing a 49% hike in the country's minimum wage. Will it be enough to cope in an economy with a 62% inflation rate?

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