The concept of ultimate investor tries to eliminate the effect of financial hubs that distribute conduit FDI flows without being the final investment destination.
Only leading countries or regions of origin are presented in this statistic.
Values have been rounded.
Citation formats
Inward FDI stock breakdown in China 2020, by ultimate investor
According to estimates, approximately **** percent of China's inward foreign direct investment (FDI) stock originated from the United States in 2020. A large part of this FDI was channeled through international financial hubs such as Hong Kong, leading to a much lower bilateral account of FDI stock directly from the U.S. of only about *** percent of China's total inward FDI stock in 2020.
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UNCTAD. (June 21, 2021). Estimated distribution of inward foreign direct investment (FDI) stock in China in 2020, by leading ultimate investor [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 05, 2026, from /statistics/1288819/china-inward-fdi-stock-distribution-by-ultimate-investor/
UNCTAD. "Estimated distribution of inward foreign direct investment (FDI) stock in China in 2020, by leading ultimate investor." Chart. June 21, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 05, 2026. /statistics/1288819/china-inward-fdi-stock-distribution-by-ultimate-investor/
UNCTAD. (2021). Estimated distribution of inward foreign direct investment (FDI) stock in China in 2020, by leading ultimate investor. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 05, 2026. /statistics/1288819/china-inward-fdi-stock-distribution-by-ultimate-investor/
UNCTAD. "Estimated Distribution of Inward Foreign Direct Investment (Fdi) Stock in China in 2020, by Leading Ultimate Investor." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Jun 2021, /statistics/1288819/china-inward-fdi-stock-distribution-by-ultimate-investor/
UNCTAD, Estimated distribution of inward foreign direct investment (FDI) stock in China in 2020, by leading ultimate investor ÌÇÐÄÆƽâ°æ, /statistics/1288819/china-inward-fdi-stock-distribution-by-ultimate-investor/ (last visited August 05, 2026)
Estimated distribution of inward foreign direct investment (FDI) stock in China in 2020, by leading ultimate investor [Graph], UNCTAD, June 21, 2021. [Online]. Available: /statistics/1288819/china-inward-fdi-stock-distribution-by-ultimate-investor/
