Investment Fdi: Photo Vcg and Chinese Investment

investment fdi: Several reports released in recent days by international consultancies and law firms showed that China's outbound investment in the US has been hit hard by the dark clouds hanging over bilateral relations, according to Global Times China. According to a report released by New York-based research company Rhodium Group on Sunday, China's foreign direct investment FDI in the US, including greenfield investments and acquisitions, slumped by 84 percent on a yearly basis to 4.8 billion in 2018, the lowest level in seven years and a dramatic decline from 46 billion in 2016, according to the report. Photo VCG Sluggish Chinese investment in the US last year, resulting mostly from tougher US screening of high-technology acquisitions, is set to persist this year, analysts noted on Tuesday, suggesting that China should expand investment in other markets like Russia to strike a balance. Another report, released by international law firm Baker Mckenzie released on Monday, showed that China's FDI in North America and Europe fell 73 percent year-on-year to a six-year low of 30 billion in total. One example was the US government's block of US money transfer company Money Gram's sale to Alibaba over security concerns. Shen Yuxin, a partner of the Freshfields Bruckhaus Deringer law firm, told the Global Times that increasing US restrictions on overseas investment in the high-technology sector should account for 70 or 80 percent of the slide in Chinese investment in the US. Tougher reviews by the Committee on Foreign Investment in the United States CFIUS starting from 2017 have locked out a number of Chinese investment proposals in the US, both known and unknown to the public, Shen said. (news.financializer.com). As reported in the news.