Global foreign direct investment fell significantly in 2019 due to factors like geopolitical unrest, intensified trade friction and European countries and US's stricter investment reviews.
Global cross-border merger and acquisition activities were down 32 percent from a year earlier at USD841.7 billion in the first three quarters of 2019, the three slowest quarters in nearly six years, data from global financial market data provider Refinitiv shows.
We can be cautiously optimistic about the global FDI trend this year. We are cautious because the global economy is still in a downward cycle, and trade frictions and rising protectionism in developed countries are unlikely to change completely anytime soon. There are some positive factors in 2020 though, including a clearer picture of the UK's exit from the European Union and China's determination and measures to open its markets and welcome overseas investments. Global FDI is expected to improve greatly from the second half of 2020.