US regains top spot in confidence survey on FDI, beats China


The skyline of Manhattan is pictured looking north from the Empire State Building in New York

US regain top spot as the top executive’s choice for FDI after a gap of 12 years. The reason behind this win for US is considered to have been its recourse towards sustainable and stable economic development in comparison to China.

The United States was on fourth place in the same survey conducted in 2012. The survey is called the 2013 Foreign Direct Investment Confidence Index and is conducted by the global consulting firm A.T. Kearney that included about 300+ executives from 28 countries.

“Investors are demonstrating more mature judgment about what the risks are and what the expected returns will be and how long it will take the global economy to recover,” told Paul Laudicina, chairman emeritus of A.T. Kearney.

Source: Reuters, WSJ

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