Foreign investment by businesses around the world rebounded strongly last year to exceed its pre-pandemic total, but little of that U.S.-led surge went toward boosting manufacturing capacity despite the widespread shortages of goods that have helped push inflationA United Nations agency on Wednesday said that businesses invested $1.
in response to the disruptions and uncertainties caused by the Covid-19 pandemic. That jump brought FDI flows back above their 2019 level of $1.5 trillion.
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