Global foreign direct investment halved amid pandemic, but China remained resilient

Global foreign direct investment halved amid pandemic, but China remained resilient

Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020, amid the upheaval caused by the coronavirus pandemic, a new report from the UN trade and development organization UNCTAD showed on Tuesday. Read more