Investments, particularly foreign direct investments (FDIs), play an important role in an economy. They fill the gaps between the savings and investment needs/plans of a country, transfer technology from developed to developing economies, increase productivity, and reduce unemployment (Jiao 2016; Sabir, Rafique, and Abbas 2019). During crises, such as the COVID-19 pandemic, FDIs can play the important roles of financially and technically supporting their local and foreign business affiliates and their host countries (OECD 2020b).