UNCTAD identifies significant hit to global FDI from Coronavirus

The UN Conference on Trade and Development (UNCTAD) has issued a warning that global foreign direct investment could drop by up to 15% on previous estimates because of the spread of Coronavirus. The warning comes in its March edition of the Investment Trends Monitor. Even in a 'best case' scenario in which Coronavirus and the associated disease Covid-19 is controled in the first half of 2020, the downward pressure on FDI is of the magnitude of -5%. "The outbreak and spread of Coronavirus (Covid-19) will negatively affect global foreign direct investment (FDI) flows," the Monitor st...