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In 2002, China became the worlds number-one recipient of inward foreign direct investment (FDI). One of the major attractions was Chinas entry into the World Trade Organisation (WTO) in December 2001. Spanish firms, which had previously had a major focus on Latin America, participated in the general enthusiasm.
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Reference 5128
Published 01 Oct 2004
Topic Economics & Finance
Region Asia
Industry Computer Software, Food and Beverages Production, Wine and Spirits
In 2002, China became the worlds number-one recipient of inward foreign direct investment (FDI). One of the major attractions was Chinas entry into the World Trade Organisation (WTO) in December 2001. Spanish firms, which had previously had a major focus on Latin America, participated in the general enthusiasm.