1st time after 20 years, India got more foreign investment than China
Image Credit: flickr
This has happened for the first time that India has received more foreign investment than China this year. In 2018, where China received $32 billion, India received more than $38 billion of inbound deals. India’s foreign direct investment (FDI) in the current year was the highest ever with 235 deals costing to $37.76 billion. The reason China faced the fall down was the trade war with the US.