China Overtakes U.S. As Investment Target

[cosmicone]

http://news.yahoo.com/news?tmpl=story&u=/ap/20040628/ap_on_bi_ge/oecd_investment

China Overtakes U.S. As Investment Target

Mon Jun 28, 8:49 AM ET

By LAURENCE FROST, AP Business Writer

PARIS - China overtook the United States as a recipient of foreign direct investment in 2003 as companies broadened their strategies in emerging markets, according to a report published Monday.

The Organization for Economic Cooperation and Development said the United States was the worst hit by falling inflows of foreign direct investment to its 30 industrialized member countries.

Investment into the United States declined to $40 billion last year from $72 billion in 2002 and $167 billion in 2001, while foreign direct investment in China dipped only slightly to $53 billion from $55 billion — leaving China as the world's biggest recipient of investment, excluding tax haven Luxembourg.

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[tom_paine]

1. That makes sense

Who would want to invest in a Dying Nation in the process of transitioning from Liberty to "Managed Democracy"?

[David__77]

2. This makes perfect sense.

China is overflowing with optimism similar to the US during the 1800s. There are problems of course, but China is on a track of excellent economic growth and this will last for a long time if they continue with their present strategic course.

[joefree1]

3. 15,000 excutions a year

... according to Amesty International. They make almost everything we buy. They're one of the most corrupt countries in the world. There are no pollution controls or workers right.

And now folks would rather invest in China more the USA. Meanwhile bush continues his crusade to save Iraq and stop terror in the world.


We invaded the wrong country.

edit: here's the link in case anyone doesn't believe the 15,000 executions a year figure.
http://www.amnestyusa.org/countries/china/index.do