Most investments went to the Chinese economy last year

Chinese economy thus ranked ahead of the United States and became the largest recipient of foreign investment.

Last year, most of the world's foreign investment went to the Chinese economy. China thus ranked ahead of the United States and became the largest recipient of foreign investment. According to a report by the United Nations Conference on Trade and Development, $ 163 billion in foreign investment came to China last year, while the United States attracted $ 134 billion in investment. In 2019, the inflow of foreign investment into the US economy was $ 251 billion, with $ 140 billion worth of investment coming to China from abroad. The cnbc.com portal informs about it. According to a report by the United Nations Conference on Trade and Development, the overall flow of foreign investment fell globally last year due to the COVID-19 pandemic. Global foreign direct investment fell 42 percent to $ 859 billion in 2020, 30 percent less than during the peak of the 2009 financial crisis.