CHINESE INVESTMENT IN U.S. SOARS

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eschwerin@rosemontseneca.com

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2016-04-12 12:06:55

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Hunter Biden <hbiden@rosemontseneca.com>

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CHINESE INVESTMENT IN U.S. SOARS - FT's Shawn Donnan: "Chinese investment in the US hit a record $15bn last year and is set to reach twice that this year despite calls for greater scrutiny and growing political sensitivities in Washington, according to a new report. ... The study by the National Committee on US-China Relations and the Rhodium Group, which tracks foreign direct investment in the US, is an attempt to promote China's growing role as an investor in the US.

"The committee, which celebrates its 50th anniversary this year, hosted the Chinese table tennis team for a visit to the US in 1972 that formed part of the 'ping-pong diplomacy' that led to the restoration of diplomatic and trade relations with China under President Richard Nixon. ... At the end of 2015, more than 1,900 Chinese-affiliated companies were operating in the US across more than 80 per cent of its congressional districts and employing some 90,000 people, according to the report." http://on.ft.com/1VjguRS


Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com>
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