09 Global foreign direct investment decline 39%FDI recovery Road long

The United Nations Conference on Trade and Development reported 19th that global FDI (FDI) fell by 39% in 2009, from $1.7 trillion in 2008 to $1.04 trillion. Zheng Du Lin last year, after 2008 years of steep declines in the financial crisis, investment into the developed world continued to plunge 41%.　　Investment flows to developing countries and emerging economies also fell by 35% and 39% respectively. The data is bleak. The developed countries in the financial crisis in the storm is described as "climb down." According to UNCTAD, foreign direct investment absorbed by the United States was $137 billion, down 57% from 2008. The EU's days are also bad, FDI data is bleak. Although "Stoding", developing countries have not been able to avoid the negative effects of the global recession.　　In Asia, inflows to FDI have been the worst hit since the Asian financial crisis of the late 90 and Africa's resource development has stalled because of investment withdrawals, and the region has been plagued by a "brutal abandonment" of local subsidiaries of multinational companies.　　While the US, the first major foreign-capital inflow, has halved, China has largely maintained its previous year, with just over $90 billion trillion in total FDI, jumping to second place in the sixth place in 2008, surpassing France and Britain as a bright light in the slump. The fall in demand for commodities and the rise in financing costs last year have led many companies to suspend or abandon plans to invest abroad.　　From the 2008 onwards, the global outbreak of multinational companies headquarters of the wave of withdrawals. At the end of last year, Spyker car company failed to become Saab's new "in-laws", the U.S. General Motors had to "Hanhen" to end the brand, the Cross-border takeover case. Cross-border mergers and acquisitions, the engine of FDI growth, have fallen sharply, affected by shrinking financial markets and cash shortages. Analysis points out that the first half of 2009, the world's more than 1 billion U.S. dollars in cross-border mergers and acquisitions only 40 cases, less than 2008 the same period of 1/3 of the data.　　According to the French media reported that the economic crisis, the last year, cross-border mergers and acquisitions significantly reduced, the relevant funds flow of 240 billion U.S. dollars, the year-on-year decrease of 66%. The collapse of mergers and acquisitions has changed the flow of FDI in developed countries is higher than in developing countries, "thin dead camel" unexpectedly not "horse" big, in the final analysis of the economic crisis, "remnants not removed." Developed countries are the birthplace and hardest-hit areas of the financial crisis, and the resulting deep recession has hampered new investment. In contrast, markets in many developing countries have maintained modest growth. In addition, the developed countries rely on FDI inflow is the main form of cross-border mergers and acquisitions, the merger activity stagnation is undoubtedly a drastic, inevitable "far-reaching".　　It is more flexible and adaptable for TNCs to enter developing countries to invest in new projects. Global FDI flows are also changing global investment patterns. The international financial crisis has led to a significant "watershed" in FDI: into emerging markets andDeveloping countries are larger than inflows to developed countries.　　In recent years, emerging economies, represented by the "BRICS"-China, India, Russia and Brazil-have grown significantly faster than the developed economies and the world's average. International Monetary Fund President Dominique told reporters in Tokyo 18th that the global economic recovery led by developing countries such as China is faster and stronger than expected. According to the Ministry of Commerce statistics, since August 2009, China's FDI has maintained positive growth for 5 consecutive months. Last December, the national actual use of foreign capital 12.14 billion U.S. dollars, an increase of 103.1%.　　Brazil last year absorbed 25.949 billion dollars in foreign investment, equivalent to 1.65% of Brazil's gross domestic product, according to data released by the Brazilian central Bank on 20th. "China's sustained economic growth, the Chinese government's massive stimulus package, and the strong Investment promotion initiative have played an important role in maintaining a steady inflow of foreign direct investment," he said. "Zhan, director of the Investment and Enterprise Division of the United Nations Conference on Trade and Development, said.　　China's massive infrastructure investment programme, which has been "aggressive" in emerging industries such as new energy and low-carbon and environmental protection, and the Government's active role in restructuring and expanding trade in services, has provided new investment opportunities for multinationals in relevant industries.　　Recovery is expected to invest in caution the report of the United Nations Conference on Trade and Development believes that global foreign direct investment is expected to rebound modestly in the 2011, with strong growth, as the investment climate and its own operating conditions continue to improve.　　The Chinese Academy of Social Sciences recently released the 2010 World Economic Situation Analysis and forecast, pointed out that in the third quarter of 2009, the United States and European corporate mergers and acquisitions activity has shown signs of apparent activity, more than 1 billion U.S. dollars in bulk mergers and acquisitions have increased. A survey by the United Nations Conference on Trade and Development of hundreds of TNCs showed that most TNCs showed optimism in the international direct investment Environment of 2010. China and other Asian emerging economies will remain "battleground" in the region's flow of international capital. China remains one of the most attractive areas for FDI.　　Some analysts said that the future direction of FDI will change, agriculture, service industries, mining industry and so on will be the focus of investment, and manufacturing recovery is relatively slow.　　To the concern, China's Ministry of Commerce spokesman Yao Jian 15th, in the context of global FDI decline, the last year, China's non-financial FDI accumulation of 43.3 billion U.S. dollars, an increase of 6.5%, including mergers and acquisitions investment in 17.5 billion U.S. dollars, accounting for the total investment of 40.4%, become the main overseas investment methods of Chinese enterprises. Experts have warned that investment needs to be cautious because the world economy has not yet fully emerged from the shadow of the economic crisis. The emergence of trade protectionism in some areas, the evolution of consumption and capital flow patterns, and the advent of low-carbon and environmental-friendly energy-saving times will have an impact on the layout of global international production systems. The road of global FDI recovery is long in the future.