Global foreign direct investment (FDI) flows will be hit in 2020, as the world grapples with the effects of the coronavirus and multinational firms slow down capital spending and their profits shrink, the UN’s trade body said on Monday.

FDI is expected to shrink between 5% and 15%, depending on the severity of the spread of the disease, the UN’s Conference on Trade and Development (Unctad) said in a special edition of its investment trends monitor. ..

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