UN agency reports China surpassed US in foreign direct investments in 2020 — Justine Coleman

Summary:
The U.N. Conference on Trade and Development (UNCTAD) concluded that China became the largest FDI receiver last year over the U.S., with flows increasing by 4 percent to 3 billion, Bloomberg News reported. Most countries saw decreases due to the coronavirus pandemic, including the U.S., which saw its flow drop by 49 percent to 4 billion, according to UNCTAD’s Investment Trends Monitor. The U.S.’s decrease was seen in wholesale trade, financial services and manufacturing....The HillUN agency reports China surpassed US in foreign direct investments in 2020Justine ColemanAlsoUS Government officials are protecting some of the largest Russian fraudsters and bank robbers on condition they invest their ill-gotten gains in US real estate, bank accounts, and businesses paying US tax; and

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