CHINA-US: ECONOMIC TIES
According to a study released in October 2015 by the National Committee on United States-China Relations and Rhodium Group, between 2000 to 2014, Chinese firms spent nearly US$ 46 billion on new establishments and acquisitions in the U.S., most of it in the past five years. Chinese-affiliated companies now directly employ more than 80,000 Americans. If the U.S. continues to be a major recipient of China’s booming outward investment, it could receive between $100-200 billion of investment by 2020. This would increase the number of full-time U.S. jobs provided by Chinese U.S. affiliates to somewhere between 200,000 and 400,000. |