Asia remains most attractive investment spot in 2012

Edited and Translated by People's Daily Online

Asia, in particular the emerging economies on the continent, remains the most attractive investment destination in the world this year, according to the recently released 2012 A.T. Kearney Foreign Direct Investment Confidence Index. China, India, Brazil, the United States, Germany, and Australia take the top six positions, confirming that the world economy's center is shifting from the West to the East.

Huge FDI inflows into Asia

Xie Dongming, an economic analyst at OCBC Bank in Singapore, said Asia is undoubtedly still the most attractive investment destination, and Asian stock and bond markets are also extremely attractive to foreign investors.

After the Asian financial crisis, many Asian countries conducted economic restructuring and improved their economic growth models, which has helped them maintain steady economic growth in recent years.

Furthermore, Asia still has cost advantage over the rest of the world. Although the continent has been under great inflationary pressure in recent years, it is expected to decline in 2012. Therefore, it is certain that Asia will continue to attract huge capital inflows this year.