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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

The decline continues a trend of the last three years, reversing a flurry of mergers and acquisitions by Chinese conglomerates in the U.S. that included purchases such as the Waldorf Astoria in New York.

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.

 

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

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

KennethHowardC3

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:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

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

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 »