Advertisement

TRADE

From Times Staff and Wire Reports

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.


Advertisement