UNCTAD report: China becomes largest FDI recipient in 2020

People visit the renovated East Nanjing Road Walkway in east China's Shanghai, Sept. 12, 2020. /Xinhua

Global foreign direct investment (FDI) flows to China rose by 4 percent to 163 billion U.S. dollars in 2020, making the country the world's largest FDI recipient, followed by the United States, a new report by the United Nations Conference on Trade and Development (UNCTAD) showed on Sunday.

Source(s): Xinhua News Agency