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How did China become largest FDI recipient in 2020?

By Yigit Ulubel | chinadaily.com.cn | Updated: 2021-02-10 11:45 Share CLOSE A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province, on Aug 28, 2019. [Photo/Sipa] China is the second-largest economy, the most populous country, and the largest exporter of our world. According to some experts, its development in the last two decades promises an economic miracle and an exemplary achievement. Despite the negative effects of the coronavirus pandemic, how did China become the largest recipient of foreign direct investment in 2020? Let s look at what Jonathan Woetzel and Jeongmin Seong of McKinsey Global Institute wrote about China in the article

What China Stands to Gain From Myanmar Military s Coup and What it Means for India

»What China Stands to Gain From Myanmar Military’s Coup and What it Means for India 4-MIN READ What China Stands to Gain From Myanmar Military’s Coup and What it Means for India Myanmar citizens hold up a picture of leader Aung San Suu Kyi after the military seized power in a coup in Myanmar. (REUTERS/Jorge Silva) China wants to use Myanmar as another base in its ‘string of pearl’ strategy, through which it intends to encircle India by developing military bases in neighbouring countries. FOLLOW US ON: A democratic India voiced a strong condemnation of the ‘deeply disturbing’ developments in Myanmar on Monday, and said democracy must be upheld in its neighbour. A communist party ruled autocratic China, another neighbour of Myanmar, adopted an evasive and muted tone. It neither condemned nor expressed any concern. The CCP just said that reconciliation is needed between the civilian set-up and Myanmar military or Tatmadaw.

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