China moved up from the sixth to the third place in 2012 in terms of outward foreign direct investment – after the United States and Japan – while a recent survey listed the world’s second-largest economy as “the most promising source” of FDI, according to an annual report of the United Nations Conference on Trade and Development.
The organization’s World Investment Report 2013 – subtitled Global Value Chains: Investment and Trade for Development – was released on Wednesday.
In 2012, FDI outflow from China continued to grow, reaching a record 84 billion U.S. dollars, while total outward FDI from East and Southeast Asia rose 1 percent to 275 billion U.S. dollars amid a sharp decline in global FDI outflows, the report said.
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Xinhua via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/UKxwckiauYM/
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