CHICAGO, April 10 (Xinhua) -- The 2024 Kearney Foreign Direct Investment (FDI) Confidence Index report released recently has upgraded China's ranking from seventh to third, just after the United States and Canada.
The report attributes China's notable jump in ranking partially to its loosening of capital controls for foreign investors in September 2023, as well as the positive and cooperative tone of the China-U.S. summit in November.
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