Chinese investment in U.S. drops, pandemic to weigh on this year's bilateral flows: report

  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

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.

BEIJING - 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.

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. U.S. investment into China grew slightly in 2019 to $14 billion, with overall two-way flows flattening after big declines in the previous two years. Chinese investment in the U.S. dropped to $5 billion that year from $5.4 billion the year before, according to the report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No one gives a shit!!!

If we are looking to see which nation suffers most, I would not bet heavily on China getting the short end of the stick with regards to trade. Our Dimwitted Orange Dictator has effectively crushed the U.S. economy.

FUCKCHINA

Good. China needs to get the he** out of the US and the US needs to stop trying to save 10 cents on cheap Chinese products. We need to take care of ourselves.

Not the one to toss around for Election2020. Corona has thrust China to a World Power status in a hurry. coldwar was Military confrontation & quest for influence. While Post Corona war is managing an Interdependence with many Regional players, woven in a web.

Я в курсе. Пускай падают...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines