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Industry expects revival of China's $270b outbound travel spending after lifting of COVID ban

President Xi Jinping is set to secure another term. We will then learn just how quickly China surpasses the US economy, or whether it ever will.

President Xi Jinping is set to secure another term. We will then learn just how quickly China surpasses the US economy, or whether it ever will.

China’s growth prospects, further opening-up in favor of attracting FDI inflows: OECD expert China’s favorable growth prospects and further opening-up policies are key factors that attract foreign direct investment (FDI), said an official of the Organization for Economic Cooperation and Development (OECD). FDI inflows to China increased 14 percent last year, making the country the top destination worldwide, noted Margit Molnar, head of the China desk at the OECD Economics Department, in an interview with Xinhua. Meanwhile, global FDI flows dropped by 38 percent in 2020 to 846 billion U.S....

2021-05-04 02:40:53 GMT2021-05-04 10:40:53(Beijing Time) Xinhua English PARIS, May 4 (Xinhua) -- China's favorable growth prospects and further opening-up policies are key factors that attract foreign direct investment (FDI), said an official of the Organization for Economic Cooperation and Development (OECD) on Monday. FDI inflows to China increased 14 percent last year, making the country the top destination worldwide, noted Margit Molnar, head of the China desk at the OECD Economics Department, in an interview with Xinhua. Meanwhile, global FDI flows dropped by 38 percent in 2020 to...