Foreign direct investment into developing economies is poised to hit a plateau as companies around the world raise their long-term bets on the recovery of rich economies in Europe and the US, UN economists predicted yesterday.
Moreover, investments out of China are likely to overtake those into the country as soon as this year, they said, pointing to a growing move overseas by increasingly confident Chinese companies that will bring an end to more than two decades of net flows into the country.
The moves are part of a broad shift in investment flows accompanying the recovery in the global economy forecast by experts at the UN Conference on Trade and Development in their annual World Investment Report.
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