Updated By: LatestGKGS Desk
FDI: India pips China in FDI inflows for the first time in 20 years
FDI: India pips China in FDI inflows for the first time in 20 years: Details, Key Highlights
As per the data from Dealogic, a global Mergers & Acquisitions (M&A) and capital markets data provider, India has been getting more Foreign Direct Investment (FDI) than its neighbor China for the first time in two decades.
In 2018, India whose financial market is supported by stable fundamentals, a bankruptcy code and fresh opportunities in sunrise sectors, saw more than $38 billion of inbound deals compared with China’s $32 billion.
China, which has historically been the favorite for emerging market bets, is facing slowdown nowadays because of its trade standoff with the United States.
India has had a busy Mergers & Acquisitions (M&A) calendar in 2018 and it will continue to see good traction in inbound M&As besides, global investors are typically focusing on India despite short-term uncertainty over the political climate.
The wealthy foreign investors are attracted to deploy funds in the country since the asset divestment is happening because of the new bankruptcy framework.
China
Capital: Beijing
Largest City: Shanghai
Official Language: Standard Chinese
Currency: Renminbi
President: Xi Jinping
