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Chinese investment in the United States and Europe dropped sharply in 2018 after a couple of gangbuster years as Beijing seeks to control flows of capital and advanced economies grow warier of China’s economic influence.
Last year, Chinese firms invested just $30 billion in the United States, Canada, and Europe, a stark reversal from the $111 billion invested in 2017 and the $94 billion in 2016, according to new research from the law firm Baker McKenzie and the Rhodium Group.
Chinese investment in the United States and Europe dropped sharply in 2018 after a couple of gangbuster years as Beijing seeks to control flows of capital and advanced economies grow warier of China’s economic influence.
Last year, Chinese firms invested just $30 billion in the United States, Canada, and Europe, a stark reversal from the $111 billion invested in 2017 and the $94 billion in 2016, according to new research from the law firm Baker McKenzie and the Rhodium Group.
Chinese investment in the United States and Europe dropped sharply in 2018 after a couple of gangbuster years as Beijing seeks to control flows of capital and advanced economies grow warier of China’s economic influence.
Last year, Chinese firms invested just $30 billion in the United States, Canada, and Europe, a stark reversal from the $111 billion invested in 2017 and the $94 billion in 2016, according to new research from the law firm Baker McKenzie and the Rhodium Group.
Trump seems to want US people to once again manufacturing toasters in the US, while China captures more than 50% of global investment in Artificial Intellegence that wil eventually disrupt 40% of the global workforce.
Trump seems to want US people to once again manufacturing toasters in the US, while China captures more than 50% of global investment in Artificial Intellegence that wil eventually disrupt 40% of the global workforce.
I wouldn't disparage toaster makers. Those type of jobs are a step up from fast food workers, and are needed in the US. It doesn't do us any good to have only white collar and bottom workers, and it only exacerbates income inequality. We should also recognize that much of China's advancement with AI has come from them stealing our technology - both industrial espionage and from manufacturing our products.
While the slowing investment hurts US companies, it also shows that China is needing to force investors to keep their money at home. In other words, the trade war is putting pressure on them and their economy. Regardless of whether we think the trade war is the wrong way to proceed, it's been done, and there are two sides to this latest news. It would be far more worrisome if we saw no changes in Chinese actions due to the trade war.
Trump seems to want US people to once again manufacturing toasters in the US, while China captures more than 50% of global investment in Artificial Intellegence that wil eventually disrupt 40% of the global workforce.
The Chinese invest (or used to) in US real estate, businesses, entertainment, etc and when they withdraw it hurts their American business partners.
The Chinese invest (or used to) in US real estate, businesses, entertainment, etc and when they withdraw it hurts their American business partners.
They are BIG time investors in much of Silicon Valley and also the Life Sciences all over the USA....
Translation - people suffer and die if they don't invest as much. Certainly your average American doesn't have the money to invest in these things. And Conservatives made government smaller (with more debt, tho) so the government isn't investing as much in R&D.
What is going to drive our country forward then? Soybeans we can't sell? Coal?
China has only the best intentions with their investments here. No really. You don't believe me?
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Thanks for your report.
