Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Thursday, July 27, 2017 12:25:44 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

China-US two-way FDI reaches all-time high in 2016

By
19th-May-2017       Readers ( 35 )   0 Comments
Comments
Share your thought
Post a comment »
Read all (0) »

Xinhua, Washington :
Foreign Direct Investment (FDI) between China and 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 joint 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.
According to the joint report, 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 dollars by the end of last year.
With Chinese economy growing robustly, Chinese investment in U.S. have expanded at record pace. In 2016, Chinese companies invested a record 46 billion dollars in U.S., tripling the amount seen in 2015 and a tenfold increase compared to just five years ago, said the joint report.
Apart from the rapid growth for two-way FDIs, the variety of investors and target industries have also expanded from traditional energy and real estate industries to consumer services and products industries, reflecting China's growing appetite for more investment in order to meet the growing domestic consumption demand.
According to the joint report, in contrast to the dominance of fossil fuel investments before 2013, more than 90 percent of Chinese FDI in 2016 focused on services and advanced manufacturing.
In 2016, real estate and hospitality, information and communications technology, entertainment, consumer products and financial services stood out as primary targeted industries for Chinese investment in U.S., said the joint report.
Chinese investors further expanded and deepened their footprint in U.S. in 2016. U.S. coastal states, such as New York and California were still the major beneficiaries of Chinese investment, while South and Midwest states also received significant Chinese investment in 2016.
A separate report released by Rhodium Group showed that all 50 states and 98 percent of congressional districts in U.S. hosted operations of Chinese-owned companies by the end of 2016.
Private investors have become the major drive for the rapidly-growing Chinese investment in U.S, said the joint report. In 2016, about 79 percent of the total Chinese investment in U.S. were made by private companies.
The joint report expected that the Chinese investment in U.S. would moderate in 2017 compared to the record high in 2016, but the two-way FDI flows will remain a major component of U.S.-China economic interaction for years to come.
U.S. robust economic outlook, the large consumer end market and its large base of technology and brand assets will remain attractive to Chinese investors. 

0 Comments. Share your thoughts also.
Write a comment
Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

It is painful to see how people of Dhaka and Chittagong suffering


INTERMITTENT heavy rainfall in the two big cities of the country has brought them closer to the breaking point. On one hand the rains worsened by gusty wind is creating unimaginable water logging and traffic jams, while on the other unplanned and undisciplined ongoing city development programmes have created innumerable ...

Cricket »

Dhawan, Pujara score centuries as India end Day 1 at 399/3


Agency :India made a dream start to the first Test by scoring 399 for 3 on the first day of the match with Shikhar Dhawan and Cheteshwar Pujara scoring contrasting centuries and sharing a 253-run stand for the second wicket. Dhawan was dismissed for 190.Sri Lanka had their tail up ...

Entertainment »

Runa, Bhabna wish success for each other


Sheikh Arif Bulbon :Runa Khan and Ashna Habib Bhabna are those two actresses of present time in small screen who have already won the hearts of many viewers by virtue of their acting skills and qualities. Both TV plays/ serials and TV commercials presence of Runa Khan is significant. On ...

City »

Major areas of the city went under water due to torrential rain causing sufferings to the dwellers yesterday. This picture was taken from city`s Dayaganj area yesterday.


.

International »

Rouhani says Iran will `respond` if US missile law passes


AP, Tehran : Iran's President Hassan Rouhani said Wednesday his country will respond if a bill in the U.S. Congress imposing sanctions on people involved in Iran's ballistic missile program becomes law.The House of Representatives passed the bill on Tuesday and it now goes to the Senate.Without giving details, Rouhani said ...

Editorial »

HSC results: Fall in pass rates fall in standard too


THE results of this year's HSC examinations saw a significant fall in both the success rate and the number of highest achievers due to the introduction of a new evaluation method, students' poor performance in English and shocking performance of students of Comilla Board. The overall pass rate of Higher ...

Cricket »

Mahmudullah Riyad passes ten years in international cricket


Sports Reporter :Mahmudullah Riyad have passed ten years in international cricket. Riyad made his debut in an ODI against Sri Lanka on 25th July in 2007 at Colombo, the capital city of Sri Lanka. He made his debut memorable scoring 36 runs and bagging two wickets for 28 runs. Riyad ...

Sports »

Britain`s Adam Peaty swims when setting a new world record in a men`s 50-meter breaststroke heat during the swimming competitions of the World Aquatics Championships in Budapest, Hungary on Tuesday.


Entertainment »

Tareen`s two Eid telefilms


Sheikh Arif Bulbon :While staying inside or outside the country her parents always remains worried at their residence in the city’s Dhanmondi area. For this reason, after finishing her works Tareen prefers to comeback to parents. Because she feels she is still child to them. Despite having engagement with activities ...

Entertainment »

Shah Rukh collaborates with Grammy winner Diplo for Jab Harry met Sejal


Shah Rukh Khan collaborates with yet another International music sensation after Akon. Shah Rukh and Grammy Winer Diplo come together for a song titled Phurrr from Jab Harry met Sejal. The Superstar has earlier got Akon on board for his film Ra.One, wherein Akon lent his voice for Chammak Challo ...

International »

Saudi, allies unveil Qatar `terrorist` blacklist


AFP, Riyadh :Saudi Arabia and its allies unveiled a "terrorist" blacklist on Tuesday of 18 organisations and individuals suspected of links with Islamist extremism that they said had ties with regional rival Qatar.The move by the four Arab governments came despite mounting international pressure to compromise in their weeks-old boycott ...

City »

Prime Minister Sheikh Hasina addressing the DC Conference at her office on Tuesday.


Editorial »

They are only self-seekers and have no love for Bangabandhu


WHEN there are so many critically important national issues to be addressed - some of our politicians needlessly makes a mountain out of a mole hill by creating pointless controversy. This time the hullabaloo surrounds the portrait drawing of Bangabandhu Sheikh Mujib by a ten-year old boy. Understandably, there was ...

Football »

Neymar staying at Barcelona, says teammate Pique


Brazilian superstar striker Neymar will stay with Barcelona, according to teammate Gerard Pique, who posted a Twitter message on the striker's status Sunday.Spanish international defender Pique indicated the South American maestro would continue at Camp Nou by tweeting a photo of Neymar with the caption "He's staying."The message came hours ...

International »

China says it wants to `maintain stability` in disputed South China Sea


Reuters, Bangkok :Chinese Foreign Minister Wang Yi said on Monday Beijing wanted to maintain stability in the South China Sea as it seeks alliances in the region amid tensions in the disputed waters.The United States has criticized China for disregarding international law by the construction and militarization of artificial islands ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news