CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to Nomura, Which country may surpass China in attracting Foreign Direct Investment (FDI) in 2016
A
Australia
B
Saudi Arabia
C
Norway
D
India
Explanation: 

Detailed explanation-1: -According to official accounts, more than 50 percent of the inward Chinese FDI stock in 2020 had entered China through Hong Kong, while a substantial share also came from the Virgin Islands.

Detailed explanation-2: -The United States is the top destination of inward foreign direct investment. Source: IMF Data, Coordinated Direct Investment Survey. Note: Chart shows inward FDI positions.

Detailed explanation-3: -Also, in the case of China, lower wage rates play an important role in attracting FDI, while in the case of India, it is policy reforms that play a crucial role in attracting FDI. Foreign direct investment is one of the most important phenomena in the world economy.

Detailed explanation-4: -Sources of FDI in China East Asia, particularly Hong Kong, is the most important origin of China’s FDI.

There is 1 question to complete.