Western Companies Abandon Xinjiang Amid Political Tensions

Chinese enterprises have been expanding their global footprint, driven by economic pressures and a shift in global supply chains, with non-financial outward direct investment rising by 10.5% to $143.9 billion in 2024. The trend towards exporting intermediate goods highlights China's evolving economic role, as the country seeks to relocate production capacity abroad amidst geopolitical tensions. Meanwhile, private equity activity in China is declining, with its share of the Asia-Pacific market dropping to just over 25%, according to Bain & Co’s Global Private Equity Report 2025. This decline is impacting the overall recovery in the Asia-Pacific region, despite an increase in buyout and growth deal values elsewhere. As Chinese companies continue to navigate these challenges, the emphasis on partnerships and transparency in investor relations is becoming increasingly crucial for success.