Thilo Hanemann, economist at Rhodium Group who leads the firm's work on global trade and investment, speaks during an event for the joint release of a report on U.S.-China direct investment, in New York, the United States, on May 18, 2017. Chinese companies invested a record 46 billion U.S. dollars in the United States in 2016, triple the amount seen in 2015 and a tenfold increase compared to just five years ago, according to a report jointly released on Wednesday by the Rhodium Group and the National Committee on U.S.-China Relations (NCUSCR). (Xinhua/Wang Ying)
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Spotlight: Chinese direct investment in U.S. boomed in 2016
WASHINGTON, May 17 (Xinhua) -- Chinese companies invested a record 46 billion U.S. dollars in the United States in 2016, triple the amount seen in 2015 and a tenfold increase compared to just five years ago, according to a report jointly released on Wednesday by the Rhodium Group and the National Committee on U.S.-China Relations (NCUSCR).
The huge jump in total Chinese investment last year is attributable to a greater number of mega acquisition deals, while the scale of greenfield projects remained comparatively small, the report said. Full story
