Chinese ODI in US to maintain record growth, says new report
By Paul Welitzkin in New York | China Daily | Updated: 2016-04-14 08:28
It is likely to be another record year for Chinese outbound direct investment in the United States, although the American political climate could affect the inflow, according to a new report.
China's ODI in the US grew to more than $15 billion in 2015, setting a record, with more than $30 billion already in pending deals and projects in the first quarter of 2016.
New Neighbors: 2016 Update was released on Tuesday by the National Committee on US-China Relations and Rhodium Group, an economic research firm. It is a follow-up to a 2015 study on Chinese ODI that includes a breakdown of Chinese investment in US congressional districts.
Photo
