At the global level, the flow of foreign direct investments in the Asia-Pacific direction continues to revive to the level of pre-COVID-19 era. In this context, according to a publication by the Asian Development Bank, China continues to be the first destination for foreign direct investments in Asia.
The report on the status and perspectives of Asian economic integration in 2023 showed that the volume of foreign direct investment in the Asia-Pacific region increased by 2021 percent in 64,3 compared to the previous year. This amount constituted about 40 percent of the total foreign direct investments made abroad throughout the world. In this context, China became the first destination for foreign direct investments from all over the world to Asia.
Parallel to this, investments from Asia increased by 2021 percent in 15,2. However, according to the report, the inflow of foreign direct investment may have decreased in 2022 given the uncertainty of the global conjuncture. Meanwhile, it is stated that Asia has a high capacity to attract foreign direct investment considering the performance of its existing companies. Indeed, after experiencing a decline in 2020, they again exceeded their 2021 levels in 2019.
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