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Bilateral US-China FDI at record high

May 18,2017

   
   

FOREIGN direct investment between the US and China surpassed US$60 billion in 2016, a historic high, said a report jointly released by the Rhodium Group and the National Committee on US-China Relations yesterday.

“The foreign direct invest­ment between China and the United States has become an increasingly important channel of bilateral economic interaction in the past five years,” the report said.

“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.”

The report said the cumulative value of US FDI transactions in China was over US$240 billion by the end of 2016, and the cumulative Chinese FDI in the US totaled US$110 billion by the end of 2016.