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From:ChinaDaily   |  2021-07-05 07:14 China s steady economic recovery from the impact of COVID-19 has effectively stabilized global investment and cushioned Asia from the hit of the pandemic, experts said. However, going forward more efforts will be needed to energize domestic manufacturing investment and consumption and stabilize trade. A report released in June by the United Nations Conference on Trade and Development showed that global flows of foreign direct investment had suffered a heavy blow from the pandemic. Global FDI flows fell by 35 percent in 2020, to $1 trillion from $1.5 trillion the previous year, the report said. In particular, FDI to developed economies slumped by 58 percent year-on-year, mainly due to pandemic-induced investment obstructions. Lockdowns slowed down existing investment projects, while the prospect of a recession led multinational enterprises to reassess new projects, the report said.

Ping anBai mingJames zhanZhong zhengshengTu xinquanChina instituteMinistry of commerce international market research instituteUniversity of international businessRegional comprehensive economic partnershipUnited nations conferenceInternational market researchInternational businessPing an securitiesபிங் ஒருபாய் மிங்ஜேம்ஸ் ஜான்