Thursday , March 28 2024
Home / Mike Norman Economics / UN agency reports China surpassed US in foreign direct investments in 2020 — Justine Coleman

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

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Wie Identitätspolitik die Demokratie gefährdet 

Robert Vienneau writes Perverse Switch Point For Austrian Economics

Lars Pålsson Syll writes What’s the use of economics?

Michael Hudson writes China in Charts

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 $163 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 $134 billion, according to UNCTAD’s Investment Trends Monitor. The U.S.’s decrease was seen in wholesale trade, financial services and manufacturing....


Also
US 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 also publicly attack the Putin administration for “victimising” them....
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *