China’s Actual Use of Foreign Capital Falls 4.3% to 548.81B Yuan in Jan-Sept

The headline decline masks a more interesting turn: September's year-on-year uptick in actual foreign capital use suggests the contraction may be losing momentum, even as the count of new foreign-invested enterprises keeps shrinking. That divergence matters because fewer new entrants points to a pipeline problem that a single month's inflow rebound does not resolve. For cross-border capital allocators watching China exposure, the question worth tracking is whether September's stabilization extends into a sustained trend or proves a one-off, and whether the shrinking roster of new foreign-invested enterprises eventually drags actual capital use lower again.