All roads lead to China

President of Brazilian firm Kasinski, Claudio Rosa, poses for pictures in Rio de Janeiro. Chinese firm Zongshen Power Machinery spent $80 million last year to take over Kasinski and produce 90,000 motorbikes a year in Manaus, Brazil. More and more foreign companies are now looking to set up joint ventures in China. Sergio Moraes / Reuters

Nation is still top draw for foreign investment, says UNCTAD report

China will continue to be an attractive destination for foreign investors and gain significantly from the overall improvement in the investment climate, a report released by the United Nations Conference on Trade and Development (UNCTAD) said on Monday.

Analysts said the UN report clearly indicates that the nation's economic fundamentals and investment policies are on the right track. Complaints by multinational companies of the investment environment becoming hostile no longer hold water, they said.