A Chinese flag flying over Shanghai street
A Chinese flag flying over Shanghai.
  • Foreign investors are giving up on China as the country's post-COVID rebound fizzles.
  • They resumed dumping Chinese stocks and bonds after Beijing's pledges to boost the economy briefly lifted hopes.
  • Exchanges in Shanghai and Shenzhen have seen nine straight days of outflows among overseas traders.

Foreign investors are giving up on China as the economy's post-COVID recovery continues to fizzle with little hope of relief from Beijing.

In recent weeks, global investors have resumed dumping Chinese stocks and bonds after briefly seeing inflows last month, when the government pledged more help for the economy.