Insight
Growth and Headwinds
04 March 2022
What business perspectives for the Chinese Year of the Tiger?
China grew 8.1% in 2021 after a 2.2% growth in 2020. At the same time, during that first pandemic year, the rest of the world economy shrank by about 4.1%. China’s development during the pandemic has generated continued considerable business interest, so much so that foreign direct investment reached an all-time high of USD 179 billion in 2021 despite extraordinary restrictions on international travel into China.