Initial data indicates a “significant decline” in Chinese investment into the United States in the first months of 2020, said the report, with $200 million in newly announced direct investments compared with $2 billion on average per quarter last year. But U.S. companies announced $2.3 billion new direct investment projects in China in the first quarter, only slightly down from last year’s quarterly average, said the report. U.S. companies do not seem to be considering significantly reducing their China footprint, said the report.
tirsdag 12. mai 2020
Chinese investment in U.S. drops, pandemic to weigh on this year's bilateral flows: report
Chinese direct investment in the United States dropped to the lowest level since 2009 last year amid bilateral tensions, and the COVID-19 pandemic will continue to weigh on investment flows between the world’s two biggest economies, according to a report.By stymying dealmaking and hitting economic growth, the pandemic could dissolve the positive effects of the Phase 1 trade deal signed in January, said the report from research firm Rhodium Group and the National Committee on U.S.-China Relations.
Initial data indicates a “significant decline” in Chinese investment into the United States in the first months of 2020, said the report, with $200 million in newly announced direct investments compared with $2 billion on average per quarter last year. But U.S. companies announced $2.3 billion new direct investment projects in China in the first quarter, only slightly down from last year’s quarterly average, said the report. U.S. companies do not seem to be considering significantly reducing their China footprint, said the report.
Initial data indicates a “significant decline” in Chinese investment into the United States in the first months of 2020, said the report, with $200 million in newly announced direct investments compared with $2 billion on average per quarter last year. But U.S. companies announced $2.3 billion new direct investment projects in China in the first quarter, only slightly down from last year’s quarterly average, said the report. U.S. companies do not seem to be considering significantly reducing their China footprint, said the report.
