China Overtakes US As Top Foreign Investment Destination

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Chi­na has over­tak­en the U.S. as the top des­ti­na­tion for for­eign direct invest­ment for the first time in decades.New invest­ments by for­eign busi­ness­es into the U.S. fell 49 per­cent in 2020 accord­ing to new­ly released Unit­ed Nation Con­fer­ence on Trade and Devel­op­ment figures.

In con­trast, Chi­na, which has long been ranked the sec­ond-high­est spot for for­eign direct invest­ment, saw direct invest­ments by for­eign com­pa­nies climb four percent.
“While Chi­na attract­ed more new inflows last year, the total stock of for­eign invest­ment in the U.S. remains much larg­er, reflect­ing the decades it has spent as the most attrac­tive loca­tion for for­eign busi­ness­es look­ing to expand out­side their home mar­kets. For­eign invest­ment in the U.S. peaked in 2016 at $472 bil­lion, when for­eign invest­ment in China …

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