South Korea leads Asian foreign investment decline into US
PAK YIU
NEW YORK -- New foreign direct investment from Asian countries into the U.S. declined 40% last year to $23.2 billion, with South Korea recording the biggest drop in new spending.
By region, Asia was the second-largest source of new investments in 2024 following Europe, which contributed $96.7 billion, new data released by the Bureau of Economic Analysis shows. Total new foreign direct investment -- which includes acquisitions, establishing new U.S. businesses and expanding existing offices -- totaled $151 billion.
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