China is cutting its direct investment into the United States (US) as the trade war continues to drag on between the two countries. According to Rhodium Group, which was quoted from rt.com, China cut foreign direct investment (FDI) in the US by 88%.
China’s FDI to the US, which amounted to US $ 26.5 billion in 2016, shrank to US $ 5.4 billion in 2018. As for the opposite, US FDI in China also fell. It’s just not as drastic as China did to the US. FDI has shrunk from US $ 14 billion in 2017 to US $ 13 … Read More