As multinational companies plan to cut down their expenses and abate the acquisition, the foreign direct investment (FDI) will be down by 10 per cent across the globe against 2007, according to the "World Investment 2008" issued by United Nations Conference on Trade and Development (UNCTAD) on September 24, 2008.
The report said the FDI reached US$1.83 trillion under the impact of global financial and subprime mortgage crisis in 2007.
The FDI in 2008 starts to decrease, as subprime mortgage crisis happened in many developed countries, which led to the decreasing of acquisition. Data shows that the acquisition decreased by 29 per cent among multinational companies.
By People's Daily Online
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