Economic geography

European companies suffer from "promise fatigue" over China's failure to follow through on pledges to open its market, the EU Chamber of Commerce in China said on Sept. 19.

The chamber issued an annual 400-page report detailing the regulatory barriers that continue to hinder investment in the world's second-largest economy.

Chinese President Xi Jinping told an international summit on Sept. 5 that although the global economy had improved, risk factors had also increased.

Addressing the "Dialogue of Emerging Market and Developing Countries," Xi appeared to rebuke the United States's recent resistance to international agreements - including the Paris climate accord. 

Greece accounted for just 60, or 0.56 percent, of 10,660 foreign direct investment (FDI) projects in seven Mediterranean countries between 2011 and 2015, according to a study conducted by EY.

Turkey received over $4.9 billion in net foreign direct investment (FDI) during the first half of 2017, with the European Union being the top investor again, Economy Ministry data released on Aug. 22 revealed.        
Foreign investment in Turkey decreased by 8 percent during the January-June period this year compared with the same period of 2016, it showed.        

Serbia ranks first in a global greenfield foreign direct investment (FDI) performance index, produced by fDi Intelligence, the Financial Times' data division.

The index measures the appeal of countries as destinations for greenfield FDI relative to their GDP.

Turkey attracted $1.17 billion in foreign direct investment (FDI) in May, the Turkish Economy Ministry announced on July 25.

According to a ministry report, foreign direct investment in Turkey amounted to $4.8 billion between January and May 2017, an increase of 11.2 percent compared to the same period in 2016.

Turkey attracted $765 million in foreign direct investment (FDI) in April 2017, the Economy Ministry said on June 22.

According to a statement issued by the ministry, Turkey received $3.6 billion net of FDI between January and April this year, indicating an increase of 2 percent compared to the same period in 2016.

The foreign direct investment (FDI) inflow into Turkey plunged by 31 percent to $12 billion in 2016, as the failed coup attempt cast doubt on political stability in the country, the World Investment Report 2017 by the United Nations Conference on Trade and Development (UNCTAD) has shown. 

Greece remains a laggard in attracting foreign direct investment despite a 123 percent increase in 2016 compared to the year before, according to the latest annual report by Ernst & Young.

Among the 44 European countries surveyed for FDI attractiveness, Greece ranked 34th in the number of FDI projects and 35th in the number of jobs created.

Turkey attracted $2.8 billion net foreign direct investment (FDI) in the first quarter of the year with a 1.9 percent year-on-year increase, data from the Economy Ministry showed on May 23. 

A total of $1.6 billion FDI entered into the country in March, according to the ministry data.