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FDI Interest Set To Plunge

GLOBAL foreign direct investment was expected to slump by about 50 percent this year amid economic downturns, a senior UN Conference on Trade and Development official said yesterday.

James Xiaoning Zhan made the warning at the Global Think Tank Summit that ended in Beijing yesterday. He said FDI into developed countries was expected to slump by 60 percent, while FDI flowing into developing countries would fall by 25 percent.


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