Global foreign direct investment (FDI) plunged by 49% in the first half of 2020 from the same period a year ago and is on course to fall as much as 40% for the year, driven by fears of a deep recession, the United Nations said on Tuesday.
According to UNCTAD’s latest Global Investment Trends Monitor released on Tuesday, the biggest drops occurred in developed countries, cutting across all major forms of foreign direct investment.
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