July 11, 2012

THERE'S ONLY ONE SAFE HAVEN:

Firms Sustain Investment in U.S. (NEIL SHAH, 7/10/12, WSJ)

Companies around the world are on track to increase their investments in the U.S. during 2012, according to a report Thursday by the United Nations. [...]

[T]he U.S.--the world's most popular destination for capital--is becoming more appealing relative to other economies. Foreign investment into China--the second-most-popular destination--grew around 8% in 2011 from the previous year, to $124 billion, compared with the U.S.'s 15% gain.

"The prospects for the U.S. are much better," says James Zhan, team leader of UNCTAD's World Investment Report. "The U.S. economy is still much better than other developed economies, so it's still attractive. We have seen a lot of FDI also into the manufacturing sector."

Posted by at July 11, 2012 5:25 AM
  

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