China’s direct investment in the United States fell last year to its lowest level since the Great Recession, even before the coronavirus pandemic shut down much of global commerce. The decline in Beijing's investment in the United States reflected tensions between the world’s two biggest economies and Chinese government restrictions on overseas investment. A report out Monday from the National Committee on U.S.-China Relations and the Rhodium Group consultancy found that China’s direct investment in the U.S. dropped from $5.4 billion in 2018 to $5 billion last year, the lowest level since the recession year of 2009.
from Yahoo News - Latest News & Headlines https://ift.tt/2Lebmyq
0 Response to "Chinese investment in US drops to lowest level since 2009"
Post a Comment