The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (28819)	3/26/2005 10:27:09 PM
From: Amy J	Read Replies (1) of 306849

Grace, "The direct investment in developed high wage nations dwarfs that of the direct investment in developing low wage countries." chinadaily.com.cn China overtakes US as top investment destination Foreign investment in the United States, traditionally the largest recipient of such money, plunged by 53 percent last year to reach US$30 billion tokyo.usembassy.gov China Overtakes U.S. as Largest Investment Recipient, OECD Says China became the largest recipient of foreign direct investment (FDI) in 2003, surpassing the United States, which has previously enjoyed the biggest inflows of FDI, according to a new report. In a June 28 news release announcing the publication of the report on worldwide FDI, the Organization for Economic Cooperation and Development (OECD) said China attracted $53 billion in 2003 compared to $40 billion for the U.S. economy. The United States registered the largest fall of FDI inflows among OECD countries with the 2003 level 44 percent below the 2002 level and 76 percent below that in 2001, according to the report. -------------------------------------------------------------- Regards, Amy J

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