Wednesday, May 17, 2017

Xinhua — China-U.S. two-way FDI reaches all-time high in 2016

Foreign Direct Investment (FDI) between China and the U.S. passed 60 billion U.S. dollars in 2016, more than any other year in history, said a report jointly released by the Rhodium Group and the National Committee on U.S.-China Relations (NCUSCR).
"U.S.-China two-way FDI reached an all-time high in 2016, elevating the importance of this facet of the bilateral economic relationship," said the report.
"What used to be a one-way street - with money flowing predominantly from the United States to China - is now a two-way highway with tens of billions of dollars in annual FDI flowing in each direction," it added.
The report said the cumulative value of U.S. FDI transactions in China reached over 240 billion U.S. dollars by the end of 2016, while the cumulative Chinese FDI in the U.S. totaled 110 billion U.S. dollars during the same period....
Ecns.cn
China-U.S. two-way FDI reaches all-time high in 2016
Xinhua

No comments: