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UNCTAD: China Outpaces the U.S. 30 Jan 2021
Hamid Reza Naghashian

UNCTAD: China Outpaces the U.S.

If it is said that the current year belongs to Asia with China’s economic leadership, do believe it. A couple of days ago the United Nations Conference on Trade and Development (UNCTAD) announced that China attracted $163b of foreign direct investment (FDI) in 2020 while at the same time only $134b of FDI flowed into the U.S. economy.