KUALA LUMPUR: United Overseas Bank (M) Bhd foresees foreign direct investment (FDI) inflows into Asean to surpass China for the first time this year, after falling behind for over a decade.
In a statement yesterday, its economist Julia Goh said the stock of FDI accumulation in Asean has been rising at a steady annualised rate of 15% since 1980.
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