I have attached the Article as screenshot and put the number on the pictures. Please read and answer the 2 questions below. Also provide the reference for work citation.

1. According to the article, countries like the UK and Singapore are now at a disadvantage for foreign direct investment. Why is that? Why are countries like the US, China, and even Germany at a greater advantage?
2. What are the ramifications of this development for multinational corporations? Is the main point simply that multinational corporations must become subsidy hunters? Or is there a yet larger picture that these corporations need to look at?

The winners As a leader in the subsidy race, the U.S. is experiencing an investment boom. The U.S. took in about 22% of global foreign direct investment last year, making it the world's top recipient, according to United Nations data. That is slightly lower than the 26% it received in 2021 when global investment bounced back after a lull during the pandemic, but significantly higher than the 13% it got in 2019. Spending on construction related to manufacturing rose 76% in May compared with a year earlier, to a seasonally-adjusted annual rate of $194 billion, Census Bureau data show. https://www.wsj.com/articles/global-economy-economic-losers-fba30b53 10 5/9 The Economic Losers in the New World Order - WSJ 12/24/23, 3:58 PM In the U.K., Nexeon's funding underscores the power of the U.S. purse to skew the playing field. As well as the private capital it raised last year, Nexeon received two million pounds, worth about $2.55 million, from a U.K. government EV-industry fund. Weeks later, two U.S. rivals, Sila Nanotechnologies and Group14 Technologies, both got $100 million from the Energy Department under a battery-industry funding program introduced in the 2021 infrastructure law. Like Nexeon, those companies are making silicon-based materials to be used in battery anodes to improve performance.