The Chinese investment boom in America is over
New York (CNN Business)The Chinese investment boom into America has almost completely vanished.
Foreign direct investment from China into the United States plummeted by 83% in 2018, according to a report released Monday by law firm Baker McKenzie.
Not only are Chinese firms drastically scaling back investments, but they’ve embarked on a record-setting wave of sales of real estate, hospitality and entertainment businesses.
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