U.S.-China investment flows hit their lowest in 9 years as companies feel the pressure to pull out

There will likely be more political pressure for Chinese stakeholders to sell out to American businesses.

Although they expect some pressure to subside following the election, they said, "systematic concerns driving caution on Chinese investment in high technology, critical infrastructure and personal data assets will not subside." The share of foreign-involved deals subjected to review soared to 32% — the highest on record, the report said, adding that fewer than 10% of domestic deals faced such scrutiny. It noted that deals tied to overseas firms fell 17% year-on-year to 151, while domestic deals declined 9% year-on-year to 324 as a result of the coronavirus pandemic.

US sales in China will hit lower lows and put US business out of business 😉 BoycottAmerica

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U.S.-China investment flows slide to nine year-low as bilateral tensions escalateInvestment 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. Some one has to bell the cat. A Cold War is inevitable. The values and ideology of both nations are polar opposites.
Source: Reuters - 🏆 2. / 97 Read more »