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Global FDI hit 15-year low in 2020, China overtook US

Global foreign direct investment flows ebbed to a 15-year low last year and China, one of the few major economies to eke out growth, overtook the United States as the top destination, OECD data showed on Friday.As the coronavirus wreaked havoc on the global economy, global FDI flows dropped 38% in 2020 to $846 billion,…

Nokia targets China fightback – Mobile World Live

HomeAsiaNews30 APR 2021Nokia CEO Pekka Lundmark (pictured) used the vendor’s Q1 earnings call yesterday (29 April) to vow it will bid in the next round of network tenders in China later this year.The CEO highlighted the competitiveness of China, a market he previously stated was an important target for Nokia.“We will participate in the upcoming…