Foreign direct investment in China largely held steady during the first half of this year, even as investment inflows into the U.S. and European Union plummeted, in a fresh sign that the world’s second-largest economy has suffered less damage from the pandemic.

Globally, the monthly average for new investments for the first half of the year was down almost half on the monthly average for the whole of 2019, the largest decline on record, the United Nations’s Conference on Trade and Development said Tuesday. But while foreign…

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published.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

You May Also Like

Boeing Cuts 737 Delivery Goal for Year

Oct. 25, 2023 7:57 am ET Listen (1 min) Boeing booked a…

What would a Covid memorial look like? Designers share ideas for ‘unprecedented’ tribute

WASHINGTON — There is no memorial to the estimated 675,000 people killed…

‘Signs of life’ on Venus might just be ordinary sulfur gas

The widely-publicized detection of phosphine gas on Venus – a possible “biosignature”…

Months after Adidas cut ties with Kanye West, Yeezy shoes are back on sale

Some of Adidas’ remaining Yeezy shoes are back on sale — months…