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Global FDI slump worse than thought and facing new risks, UN says

Reuters - UK Focus

GENEVA, June 6 (Reuters) - Global foreign direct investment (FDI) fell by almost a quarter last year and the fragile outlook is clouded by risks including trade wars and debt, the United (Shenzhen: 000925.SZ - news) Nations trade and development agency UNCTAD said in a report on Wednesday.

Preliminary figures released early this year showed a 16 percent decline in FDI, a surprise downturn led by steep reversals in Britain and the United States. That has been revised to a 23 percent fall, with growth expected to be less than 10 percent in 2018. (Reporting by Tom Miles; editing by Andrew Roche)