Chinese investment in the US has made giant leap to more than $15bn
by Sam Thielman in New York from Economics | The Guardian on (#1A7KC)
Money was spread across 171 transactions in 42 states, with New York City being the largest recipient, according to the National Committee on US-China Relations
Chinese investment in the US has increased rapidly to more than $15bn, according to the National Committee on US-China Relations. The new record, set at the same time economic growth in China slowed to a 25-year low of 6.9%, is likely to be beaten again in 2016, according to the report.
The $15bn was spread across a mere 171 transactions in 42 states, with New York City being by far the largest recipient - $5.2bn in Chinese investment came to the country's largest city in 2015.
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