Global foreign direct investment flows are increasingly mirroring the world’s geopolitical divides. This column introduces a new index for FDI fragmentation that differentiates flows within and between three distinct blocs: a Western bloc, an Eastern bloc, and a neutral bloc of non-aligned nations. Being part of different geopolitical blocs reduces greenfield FDI flows between two countries by almost two-thirds, a shift not solely due to dwindling investments between China, Russia, and their