News Formal

U.S.-China investment flows slide to nine year-low as bilateral tensions escalate

  • 📰 Reuters
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Investment between the United States and China tumbled to a nine-year low in the first half of 2020, hit by bilateral tensions that could see more Chinese companies come under pressure to divest U.S. operations, a research report said.

Investment, both direct investment by companies and venture capital flows, between the two countries fell 16.2% to $10.9 billion in January-June from the same period a year earlier - also hurt by the coronavirus pandemic, according to figures from consultancy Rhodium Group.Citing national security risks posed by Chinese technology firms, U.S. President Donald Trump’s administration has sharply expanded actions to hobble Chinese companies.

ByteDance is currently seeking approval for a deal with Oracle Corp that is structured as a partnership rather than an outright sale.

 

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

Power symbolic image of Chinese flag above American.

TrumpFailingEconomy

A Cold War is inevitable. The values and ideology of both nations are polar opposites.

Some one has to bell the cat.

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 MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: Alibaba, China Mobile weigh $443 mln investment in blacklisted Dahua - sourcesAlibaba Group Holding Ltd and China Mobile Communications Group Co Ltd are considering investing 3 billion yuan ($443 million) in Zhejiang Dahua Technology Co Ltd, three people with knowledge of the matter said. Alibaba Group Holding Ltd and China Mobile Communications Group Co Ltd are considering investing 3 billion yuan ($443 million) in Zhejiang Dahua Technology Co Ltd, three people with knowledge of the matter said. Seriously? Lol. Blacklisted by a pariah state....
Source: Reuters - 🏆 2. / 97 Read more »

Exclusive: Alibaba, China Mobile weigh $443 million investment in blacklisted Dahua - sourcesAlibaba Group Holding Ltd and China Mobile Communications Group Co Ltd [CHNMC.UL] are considering investing 3 billion yuan ($443 million) in Zhejiang Dahua Technology Co Ltd, three people with knowledge of the matter said.
Source: Reuters - 🏆 2. / 97 Read more »