Commentary For three years during COVID-19, money flowed into China while almost none flowed out. Now, the trend is reversing. Between 2014 and 2019, China experienced net capital outflows—meaning more money flowed out of the country than in. But beginning in 2020, with COVID travel restrictions and ratcheting control exerted by Chinese leader Xi Jinping,…
The Wealthy Are Getting Their Cash Out of China
Vietnam’s Economy Grows as Businesses Exit China
Vietnam reported positive production and operating data through July with Moody’s Analytics raising its forecast of the country’s GDP growth to 8.5 percent, making it its highest growth projection in Asia-Pacific. This comes as China to the nearby north has been showing further signs of an economic downturn. Despite a slowdown in Vietnam’s exports in…
Greenfield Foreign Investment in US Continues to Collapse
The United States has a poor track record of attracting global investors, with foreign investments to new facilities having fallen sharply over the past few decades. The value of greenfield foreign direct investments (FDI) relative to the size of the U.S. economy has dropped by 96 percent since the 1990s, according to a recent analysis…
Global Foreign Direct Investment Collapses in 2020
WASHINGTON—Foreign direct investment flows worldwide plunged last year due to the pandemic, which caused severe economic disruptions and forced companies to halt or delay investment decisions. United Nations data showed that the developed countries including the United States saw the biggest decline in investment flows. Global foreign direct investment (FDI) fell by 42 percent in…
Global Foreign Direct Investment Fell 42 Percent in 2020
WASHINGTON—Foreign direct investment flows worldwide plunged last year due to the pandemic, which caused severe economic disruptions and forced companies to halt or delay investment decisions. United Nations data showed that developed countries including the United States saw the biggest decline in investment flows. Global foreign direct investment (FDI) fell by 42 percent in 2020…
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