News Snapshot:
China takes new foreign investment top spot from US Published About sharing image copyright Getty Images China has overtaken the US as the world's top destination for new foreign direct investment, according to UN figures released on Sunday. New investments into America from overseas companies fell by almost half last year, leading to the loss of its number one status. In contrast, UN figures show direct investment into Chinese firms climbed 4%, putting it number one globally. The top ranking shows China's growing influence on the world economic stage. China had $163bn (£119bn) in inflows last year, compared to $134bn...
