News Snapshot:
1.5k VIEWS Foreign direct investment inflows to Asia rose 4% to $535 billion (€449 billion), defying the COVID-19 pandemic as foreign investors continued to bet on the region’s biggest markets, China and India, the World Investment Report 2021 by United Nations Conference on Trade and Development showed. The rise contrasted with a steep fall in global flows of foreign direct investment (FDI), which fell by 35% to $1 trillion, hurt by a pandemic-induced recession — the worst since World War II. The slump meant that global investment flows last year were Developed economies saw a dramatic drop in foreign investment,...
