China was the largest recipient of foreign direct investment (FDI) in 2020, according to a report released by the United Nations Conference on Trade and Development (UNCTAD). China overtook the United States to gain the top position in 2020. The country attracted $163 billion inflows in 2020, compared to $134 billion attracted by the United States.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
However, in 2019, the United States had received $251 billion in inflows and China received $140 billion. Overall, the global FDI had fallen by 42% in 2020, attracting an inflow of an estimated $859 billion, compared to $1.5 trillion in 2019.
Important takeaways for all competitive exams:
Find More Ranks and Reports Here
In a decisive step towards mitigating air pollution, the Delhi Cabinet has approved a ₹3.21…
In a landmark decision, Elon Musk-owned Starlink has received the green light from the Indian…
Indian Naval Ship (INS) Kiltan has arrived in Singapore to participate in the International Maritime…
Kozhikode has been officially inducted into the World Health Organization’s (WHO) Global Network of Age-friendly…
India and Chile signed the Terms of Reference (ToR) to initiate negotiations for a Comprehensive…
In the wake of a retaliatory military operation named ‘Operation Sindoor’, India temporarily shut down…
![](data:image/svg+xml;charset=utf-8,<svg height="183px" width="275px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="245px" width="245px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
