外资入华四十年：一边喊驱逐一边逆势涨，到底咋回事？

Core Viewpoint - The article discusses the contrasting perceptions of foreign investment in China, highlighting that despite emotional calls for expelling companies like Tesla and Apple, actual foreign investment has increased significantly, with a 20.2% year-on-year growth to $138.4 billion in the first eight months of the year [1]. Group 1: Foreign Investment Trends - Foreign investment from countries like South Korea, Germany, Japan, and the UK has seen substantial increases, with South Korea's investment rising by 59% and Germany's by 30% [5]. - The reliance on foreign investment is not concentrated in a single country, as Hong Kong serves as a major conduit and financial safe haven for foreign capital [5]. Group 2: Historical Context and Contributions - The article outlines the historical context of foreign investment in China, noting that significant foreign capital influx began in 1978 with an $80 billion introduction plan, which was 20 times larger than previous efforts [11]. - Foreign investment has contributed to China's GDP growth, with a peak contribution rate of 19.3%, and has played a crucial role in enhancing the industrial chain and employment rates [13]. Group 3: Impact on Domestic Brands - The entry of foreign capital has led to the emergence of many local brands, but it has also resulted in the disappearance or acquisition of some domestic brands due to competitive pressures [16]. - The article mentions that many factories in regions like the Pearl River Delta and Yangtze River Delta have become OEMs for foreign companies, indicating a reliance on foreign technology without significant advancements in core technologies [18]. Group 4: Future Outlook and Strategy - The article emphasizes that foreign investment should not be viewed as a threat or a lifeline, but rather as a flow that requires proper management through regulatory frameworks and intellectual property protection [20]. - The competitive pressure from foreign investment has motivated domestic companies to innovate and upgrade their industries, suggesting that the greatest benefit from foreign investment is the ability to maintain stability in an open market [20].