Tuesday, 25 June 2013

US ranks First as favorable for Foreign Direct Investment

According to an article published on the WSJ:
For the first time since 2001, the U.S. knocked China out of first place in an annual survey of executives rating favorable places for foreign direct investment.
The U.S. narrowly outscored China in the survey by consulting firm A.T. Kearney of executives from 302 companies world-wide. China slipped to second place and Brazil came in third, followed by Canada. India dropped to No. 5, from No. 2 last year.
he Kearney survey was taken last October and November. Executives were questioned about the likelihood of investing in various countries over the next three years. Kearney uses the responses to create an index ranking 25 countries on a scale of 0 to 3 in terms of attraction. The U.S. scored 2.09 in the latest survey and China, 2.02. About two-thirds of the companies surveyed had annual sales of more than $1 billion and the sales for all were above $500 million.

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