China overtook US as top destination for foreign investment last year: WSJ

China overtook US as top destination for foreign investment last year: WSJ
Spread the love

China overtook the U.S. as the world’s top destination for new foreign direct investment last year, as the Covid-19 pandemic amplifies an eastward shift in the center of gravity of the global economy.

Ticker Security Last Change Change %
TSLA TESLA INC. 846.64 +1.65 +0.20%
ADDYY ADIDAS AG 169.7 -4.48 -2.57%
WMT WALMART INC. 146.33 +1.43 +0.99%
DIS WALT DISNEY COMPANY 172.78 +1.50 +0.88%
HON HONEYWELL INTERNATIONAL INC. 202.25 -2.98 -1.45%

New investments by overseas businesses into the U.S., which for decades held the No. 1 spot, fell 49% in 2020, according to U.N. figures released Sunday, as the country struggled to curb the spread of the new coronavirus and economic output slumped.

US MANUFACTURER HOPES BIDEN CAN ‘LEVEL’…



Original Author

Please follow and like us:
editor

editor

Live Updates COVID-19 CASES
RSS
Follow by Email