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INVESTMENT
Despite the menace to global trade from US-China tensions, developing economies remain a magnet for foreign investment flows. In 2018, China, the second-biggest recipient of foreign direct investment (FDI) globally after the US, attracted $142 billion in FDI an increase of 3% over the prior year, according to estimates from UN trade body Unctad. Meanwhile, Asia's trade dynamo, Singapore, lured increased FDI by 23% year-on-year, to $77 billion, sealing the city-state's reputation as the go-to hub for Asia.
Rapidly growing markets, such as China and Dubai, the latter now firmly...