Related News
50% Slump In FDI This Year: UN Official
Source: Xinhua |
July 6, 2009, Monday
|
Print Edition
Print Edition
GLOBAL foreign direct investment was expected to slump by about 50 percent this year amid economic downturns, an official with the United Nations Conference on Trade and Development said over the weekend.
James Xiaoning Zhan, head of the organization's investment and enterprise division, was speaking at the Global Think Tank Summit in Beijing.
FDI flowing into developed countries was expected to slump by 60 percent, with FDI flowing into developing countries down by 25 percent, said Zhan, adding that cross-border mergers would dwindle by 60 percent.
Global FDI dropped by 54 percent in the first quarter this year and cross-border mergers were down by 77 percent. Zhan forecast global FDI would rebound next year.
James Xiaoning Zhan, head of the organization's investment and enterprise division, was speaking at the Global Think Tank Summit in Beijing.
FDI flowing into developed countries was expected to slump by 60 percent, with FDI flowing into developing countries down by 25 percent, said Zhan, adding that cross-border mergers would dwindle by 60 percent.
Global FDI dropped by 54 percent in the first quarter this year and cross-border mergers were down by 77 percent. Zhan forecast global FDI would rebound next year.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
