China’s investment in U.S. drops 83 per cent amid growing mistrust

Source: Paul Wiseman, The Associated Press, May 8, 2019 

WASHINGTON — Chinese direct investment in the United States dropped 83% last year, pushed down by growing mistrust between the world’s two biggest economies.

In a report out Wednesday, the Rhodium Group research firm said that China sank $5 billion last year into direct investments in America, down from $29 billion in 2017 and a record $46 billion in 2016. Direct investments include things like putting up factories, not financial investments like buying stocks.

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Image Source: Chinatopix via AP

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