China has overtaken the US as the top destination for foreign direct investment (FDI), for the first time since 2003.
Last year, foreign firms invested $128bn (£84,8bn) in China, and $86bn in the US, according to the United Nations Conference of Trade and Development(UNCTAD)
Globally, foreign investment fell by 8% to a total of $1.26tn last year.
Top destinations for FDI in 2014 |
|
|---|---|
|
Source: UNCTAD |
|
|
China |
$128bn |
|
Hong Kong |
$111bn |
|
US |
$86bn |
|
Singapore |
$81bn |
|
Brazil |
$62bn |
|
UK |
$61bn |
|
Canada |
$53bn |
|
Australia |
$49bn |
|
Netherlands |
$42bn |
|
Luxembourg |
$36bn |
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