Xi Jinping Chokes Off Crucial Engine of China's Economy.

Photo: Raul Ariano/Bloomberg News Business pause Recent surveys by business groups in China have shown American, German and other European companies pausing expansion or reducing investment in China. For Pixelworks, that means the company has had to essentially split itself in two, with its China operation separated from its U.S. parent firm, to get Chinese regulators to approve its initial-public-offering application. Keywords: wsjworld; leder; Economic Performance/Indicators; Trade/External Payments; Capital Movements/Invisible Trade; Economic News; Foreign Direct Investment; SYND; WSJ-PRO-WSJ.com; economic performance EN wsjworld leder Economic Performance/Indicators Trade/External Payments Capital Movements/Invisible Trade Economic News Foreign Direct Investment SYND WSJ-PRO-WSJ.com economic performance N.PAG N.PAG 1 07/17/23 20230714 NES 230714 Foreign direct investment in China fell to $20 billion in the first quarter from $100 billion a year earlier, hurting an already struggling economy Desperate for capital and with their economies struggling, China's cities are wooing Western businesses with previously unavailable goodies. [Extracted from the article]