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China FDI rose to record level in 2020 despite coronavirus, fastest growth rate in five years

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[unable to retrieve full-text content]Foreign direct investment (FDI) into China rose to a record high in 2020 by posing the fastest growth rate in five years despite the disruptions caused by the coronavirus pandemic.FDI in US dollar terms – excluding financial sectors such as banking, securities and insurance sectors – grew to US4.37 billion last year, the highest level since records began in 1983, the Ministry of Commerce said on Wednesday.This represented an increase of 4.5 per cent from 2019 – the fourth consecutive year of…

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[unable to retrieve full-text content]
Foreign direct investment (FDI) into China rose to a record high in 2020 by posing the fastest growth rate in five years despite the disruptions caused by the coronavirus pandemic.FDI in US dollar terms – excluding financial sectors such as banking, securities and insurance sectors – grew to US$144.37 billion last year, the highest level since records began in 1983, the Ministry of Commerce said on Wednesday.This represented an increase of 4.5 per cent from 2019 – the fourth consecutive year of…

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