TRADE
China Leads in Drawing Foreign Investment: According to a U.N. report, China has surpassed all other developing countries and trails only the United States in attracting investment capital from major international companies. A record $80 billion was poured into developing countries in 1993 and China got $26 billion of that, according to the report. China has the world’s fastest-growing economy. It was second only to the United States, which received $32 billion in foreign investments last year.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.