-OECD: According to the latest estimates of the OECD (Organisation for Economic Co-operation and Development), FDI (Foreign Direct Investments) in member countries fell 28% in 2003 to reach 384 billion dollars, against 535 billion in 2002 and 662 billion in 2001. The drop represents over two-thirds of the record year of 2000, which was 1,300 billion . Inversely, the foreign direct investment of the thirty OECD countries have held up better. They were estimated at 576 billion dollars in 2003, compared to 567 billion in 2002 and 662 billion in 2001, and 1,200 billion in the record year of 2000. China overtook the United States as the biggest recipient of FDI. In 2003, it attracted 53 billion dollars from countries of the OECD and the rest of the world. The United States saw the sharpest drop in FDI of any OECD country, but other large economies such as Germany, Canada and the UK were also affected. For the second year in a row, outgoing US FDI outweighed its incoming, which fell to 40 billion dollars in 2003, compared to 72 billion in 2002 and 167 billion in 2001. In Europe, FDI inflows fell 23%, to a varying degree in the different countries. France remained the top destination in 2003: foreign business invested 47 billion dollars here, which is a little below the 2002 figure but three times the total for Germany (12 billion dollars in 2003, as against 45 billion in 2002) and the United Kingdom (14.6 billion dollars in 2003, from 27.8 in 2002). FDI flows fell spectacularly in central Europe. In Slovakia, it dropped 85% to reach 600 million dollars in 2003. This drop was 70% in the Czech Republic (2.6 billion dollars).