This will continue until US ma_老虎社区_美港股上老虎

2021-01-25

This will continue until US manages to control their Covid situation.

China overtakes US to become largest recipient of foreign direct investment

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2021-01-25
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It was the lowest level since the 1990s and 30 per cent below the investment trough that followed the 2008-09 Global Financial Crisis.While the world as a whole struggled, China held on, said UNCTAD, the United Nations Conference on Trade and Development. It became the world’s largest FDI recipient with flows rising by 4 per cent to US$163 billion.A return to positive GDP growth and a targeted investment facilitation programme helped stabilise investment in China after the first coronavirus lockdowns there, the agency said.Among Chinese sectors, high-tech industries saw an FDI increase of 11 per cent in 2020, and cross-border mergers and acquisitions rose by 54 per cent, mostly in information and communications technology, and pharmaceutical industries.Flows to North America slid by 46 per cent to US$166 billion, and those to the US alone fell 49 per cent to an estimated US$134 billion in 2020.Europe fared worse, with flows down by two-thirds to a negative US$4 billion. 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