• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 16, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

China Overtakes U.S. as World’s Leading Destination for Foreign Direct Investment

thevaultzby thevaultz
January 25, 2021
Reading Time: 3 mins read
thevaultzby thevaultz
in Asia
0
China Overtakes U.S. as World’s Leading Destination for Foreign Direct Investment

Image: Getty Images

A new report by the United Nations Conference on Trade and Development (UNCTAD) has revealed that the People’s Republic of China has overtaken the United States as the world’s top destination for new foreign direct investment.

The report shows that new investments into America from overseas companies fell by almost half last year, leading to the loss of its number one status.

In contrast, UN figures show direct investment into Chinese firms climbed 4%, putting it number one globally.

RelatedPosts

Israel Urged To Open More Gaza Border Crossings To Allow Aid

Syria’s Al-Sharaa Seeks To Restore And Redefine Ties With Russia

Trump Announces Phase Two of Gaza Ceasefire Plan

The top ranking shows China’s growing influence on the world economic stage.

China had $163bn (£119bn) in inflows last year, compared to $134bn attracted by the US, the UNCTAD said in its report.

In 2019, the US received $251bn in new foreign direct investment while China received $140bn.

ADVERTISEMENT

While China may be number one for new foreign investment, the US still dominates when it comes to total foreign investments.

This reflects the decades it has spent as the most attractive location for foreign businesses looking to expand overseas.

But experts say the figures underline China’s move toward the centre of the global economy which has long been dominated by the US, the world’s biggest economy.

China, currently involved in a trade war with the US, has been predicted to leapfrog it to the number one position by 2028, according to the UK-based Centre for Economics and Business Research (CEBR).

“For some time, an overarching theme of global economics has been the economic and soft power struggle between the United States and China,” says the CEBR report. “The Covid-19 pandemic and corresponding economic fallout have certainly tipped this rivalry in China’s favour.”

chinn
China was the only major economy in the world to avoid a GDP contraction last year

Foreign investment in the US peaked in 2016 at $472bn, when foreign investment in China was $134 billion.

Since then, investment in China has continued to rise, while in the US it has fallen each year since 2017.

The Trump administration encouraged American companies to leave China and re-establish operations in the US.

It also warned Chinese companies and investors that they would face new scrutiny when investing in America, based on national security grounds.

While the US economy has been struggling since the Covid-19 outbreak last year, China’s economy has picked up speed.

Last week, China’s National Bureau of Statistics announced the country’s economy measured in gross domestic product (GDP), grew 2.3% in 2020.

This makes China the only major economy in the world to avoid a contraction last year. Many economists have been surprised with the speed of its recovery, especially as it navigated tense relations with the US.

Overall, global foreign direct investment (FDI) dropped dramatically in 2020, falling by 42%, according to the UNCTAD report. FDI normally involves one company taking control of an overseas one, typically through a merger or acquisition.

Meanwhile, American think tank, the Peterson Institute for International Economics has announced that China is falling short of its commitment to buy an extra $200bn (£146bn) worth of US goods over 2020 and 2021.

China agreed to buy the goods in a trade deal with the US agreed last January in exchange for reduced tariffs on $120bn worth of goods.

The agreement was seen as phase one of a deal aimed at resolving the trade war between the world’s biggest economies.

Please login to join discussion
Previous Post

White House begins talks with lawmakers on Biden’s COVID-19 relief

Next Post

Breaking the Ex Gratia cycle: Who takes the risk?

Subscription Form

Related Posts

Israel Urged To Open More Gaza Border Crossings To Allow Aid
Asia

Israel Urged To Open More Gaza Border Crossings To Allow Aid

October 15, 2025
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria
Asia

Syria’s Al-Sharaa Seeks To Restore And Redefine Ties With Russia

October 15, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
Asia

Trump Announces Phase Two of Gaza Ceasefire Plan

October 14, 2025
Trump Gives Russia 50 Days To Reach Peace Deal Or Face Tariffs
Asia

Trump to Visit Malaysia for ASEAN Summit, Oversee Cambodia-Thailand Peace Deal

October 14, 2025
Qatari Emir Lauds Outcomes Of Sharm el-Sheikh Peace Summit
Asia

Qatari Emir Lauds Outcomes Of Sharm el-Sheikh Peace Summit

October 14, 2025
US President Donald Trump arrives on Air Force One at Sharm el-Sheikh International Airport, Egypt
Asia

Trump In Egypt For Summit On Gaza’s Future

October 13, 2025
Okoe Boye Charges Government to Complete Stalled Health Projects
General News

Okoe Boye Charges Government to Complete Stalled Health Projects

by Emmanuel Tibila BoasahOctober 16, 2025
NDC Communicator Justifies Government’s AirtelTigo-Telecel Intervention
General News

NDC Communicator Justifies Government’s AirtelTigo-Telecel Intervention

by Richmond EllehOctober 16, 2025
ADB Partners GhIPSS to Revolutionize Payments with Near Real Time (NRT) Transfers
Banking

ADB Partners GhIPSS to Revolutionize Payments with Near Real Time (NRT) Transfers

by M.COctober 16, 2025
Dr. Mahamudu Bawumia
General News

Kennedy Agyapong Cautions NPP Against Repeating Bawumia Candidacy

by Silas Kafui AssemOctober 16, 2025
Energy Commission Partners Ecobank to Launch a $31M Solar Initiative.
Extractives/Energy

Energy Commission Partners Ecobank to Launch a $31M Solar Initiative.

by Bless Banir YarayeOctober 16, 2025
Alan John Kwadwo Kyerematen, Founder of the United Party, Founder of the United Party
General News

Alan Kyerematen Outlines UP’s Core Values: Integrity, Discipline, and Patriotism Pivotal to Ghana’s Renewal

by Evans Junior OwuOctober 16, 2025
Okoe Boye Charges Government to Complete Stalled Health Projects
NDC Communicator Justifies Government’s AirtelTigo-Telecel Intervention
ADB Partners GhIPSS to Revolutionize Payments with Near Real Time (NRT) Transfers
Dr. Mahamudu Bawumia
Energy Commission Partners Ecobank to Launch a $31M Solar Initiative.
Alan John Kwadwo Kyerematen, Founder of the United Party, Founder of the United Party

Recent News

Okoe Boye Charges Government to Complete Stalled Health Projects

Okoe Boye Charges Government to Complete Stalled Health Projects

October 16, 2025
NDC Communicator Justifies Government’s AirtelTigo-Telecel Intervention

NDC Communicator Justifies Government’s AirtelTigo-Telecel Intervention

October 16, 2025
ADB Partners GhIPSS to Revolutionize Payments with Near Real Time (NRT) Transfers

ADB Partners GhIPSS to Revolutionize Payments with Near Real Time (NRT) Transfers

October 16, 2025
Dr. Mahamudu Bawumia

Kennedy Agyapong Cautions NPP Against Repeating Bawumia Candidacy

October 16, 2025
Energy Commission Partners Ecobank to Launch a $31M Solar Initiative.

Energy Commission Partners Ecobank to Launch a $31M Solar Initiative.

October 16, 2025
Alan John Kwadwo Kyerematen, Founder of the United Party, Founder of the United Party

Alan Kyerematen Outlines UP’s Core Values: Integrity, Discipline, and Patriotism Pivotal to Ghana’s Renewal

October 16, 2025
Subscription Form
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.