Beijing: China’s investments in the US are expected to hit a record high this year surpassing the previous level of about $ 5.7 billion.
Chinese investment, or outbound FDI, in the US reached $ 3.6 billion in the first half of this year and is expected to cross $ 8 billion, according to a study by New York based Rhodium Group.
The investments so far covered 33 projects. Of these, 12 were acquisitions and 21 involved green-field investments, according to the highlights of the report published in the state-run China Daily on July 30.
