The United Nations Conference on slotxo Trade and Development (UNCTAD) revealed that global direct foreign investment (FDI) in 2020 slumped 42 percent to $ 8.59 billion from $ 1.5 trillion in 2019. It warned that global FDI numbers are likely to slow further in 2021 due to the impact of the COVID-19 virus. That continues to spread


According to UNCTAD, FDI numbers among developed countries fell sharply 69 percent to $ 2.29 billion in 2020, the lowest level in 25 years, while FDI numbers among developing countries have plunged. 12% to $ 61.6 billion


However, China has the highest FDI in the world in 2020, at $ 16.3 billion, higher than the US $ 1.34 billion of FDI. As the Chinese economy recovered in the last quarter of 2020 following the success of the COVID-19 outbreak control. This contributed to China's 2020 gross domestic product (GDP) growth of 2.3%, making it the only large country in the world to survive the recession in 2020.


China surpassed the US FDI in 2020, after the US $ 2.51 billion in FDI. Ahead of China, which has FDI of just $ 140 billion.

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