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Economy

Developing Asia to lose up to half of foreign direct investment: UN

Pandemic pushes multinationals to restructure or reshore operations

A  worker is seen at a clothes factory near the Bangladeshi capital Dhaka. The country had high hopes for companies to relocate from China. (Photo by Akira Kodaka)

NEW YORK -- Foreign direct investment to developing economies in Asia is projected to decrease between 30% and 45% this year because the region's status as the world's factory makes it particularly vulnerable to disruptions from the coronavirus pandemic, the United Nations said in its annual World Investment Report.

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