In the News: China Leads Global FDI; Law-based Governance Tasks; and More New Laws

October 16, 2018 | BY

Jacelyn Johnson

The United Nations Conference on Trade and Development announced that China has topped the global foreign direct investment list in H1; CPC stresses on the implementation of advancing law-based governance in all areas; and NPC will revise and draft new laws in a session to be held between October 22 to 26.

China Leads Global FDI Inflow in First-half of 2018

The United Nations Conference on Trade and Development (UNCTAD) published the latest Global Investment Trends Monitor on October 15, which listed China as the largest global recipient of foreign direct investment (FDI) in the first half of 2018, attracting an estimated $70 billion in inflows, an annual increase of 6%, reported Xinhua.

According to the UNCTAD, global FDI fell by 41% during the first six months of 2018, to an estimated $470 billion, from $794 billion in the same period in 2017.

Reuters reported that this slump was mainly due to large reparations by the United States parent companies of accumulated foreign earnings from their affiliates abroad following tax reforms.

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