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China Overtakes U.S. as Top Destination for Foreign Investment

By Shai Oster
· · Source: The Wall Street Journal

China surpassed the U.S. as the top target of foreign direct investment last year, underscoring how the quick containment of its Covid-19 outbreak helped the economy rebound, and belying talk of China decoupling from the rest of the world. A report by the United Nations Conference on Trade and Development said that investment flows to the U.S. fell by half while they rose some 4% to China,...

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