Welcome to english.eastday.com.Today is
Follow us @
Contribute to us!

Shanghai

Business

Culture

China

World

Pictures

Topics

Life

Services

MNCs in Shanghai Best Practice Awards|Cool City
Lujiazui Forum|BRICS Economic Think Tank Forum
11th SH Int'l Youth Interactive Friendship Camp |New Year of China’s 56th Ethnic Minority—Jino’s Forging Iron Festival
China Stories
Consul Generals' New Year Wishes 2015
Where to go today?
Home >> World >> Article
China’s investment in US to cool in 2017
From:Shanghai Daily  |  2017-06-27 10:21

CHINA’S direct investment in the United States will fall this year under tightening scrutiny and regulation but US investment here will remain robust led by technology and consumer goods, a new study showed yesterday.

Chinese investment remained strong in the first half of this year, due to the completion of deals made in 2016, but it is expected to cool in the second half, said a report by Rhodium Group and the National Committee of US-China Relations.

The decline marks a correction from a surge of overseas investment last year as China poured US$46 billion into the US in 2016, three times that of 2015.

Foreign direct investment from the US last year was a quarter of the China-US investment — but still a record. US investment in China will likely hold up well as China upgrades and restructures, said Rhodium director Thilo Hanemann.

Although the US and China are tightening scrutiny in the interests of national security, bilateral investment still has huge potential, given the number of projects in the pipeline.

Information communications technology was the largest sector for US investment last year.

Real estate and hospitality were the favorites for Chinese investors, triggered by regulatory changes to prevent “irrational investment” — unrelated to core business.

Share