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

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…

This post was originally published on South China Morning Post.

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» China FDI rose to record level in 2020 despite coronavirus, fastest growth rate in five years | Orange Wang | radiofree.asia | https://radiofree.asia/2021/01/20/china-fdi-rose-to-record-level-in-2020-despite-coronavirus-fastest-growth-rate-in-five-years/ | 2023-12-03T20:24:29+00:00

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