A Chinese flag flying over Shanghai street
China posted its first quarterly foreign investment deficit Friday.
  • China just posted a quarterly foreign investment deficit for the first time.
  • Rising tensions with the US and Beijing's crackdown on the tech sector have fueled the exodus.
  • China's also battling faltering economic growth and an ongoing crisis in the property market.

China logged an unprecedented foreign direct investment deficit last quarter in the latest sign that Beijing is facing an almighty battle to revive the world's second-largest economy after years of harsh zero-COVID lockdowns.