Deals
Chinese Investment in U.S. Rises to Record, Boosting Jobs
- Flow of $15 billion spread over 171 transactions in 2015
- Increase comes as presidential candidates focus on trade gap
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Chinese direct investment in the U.S. rose to a record last year, driving the total number of jobs linked to it to the highest ever, according to a report by the National Committee on U.S.-China Relations and Rhodium Group.
Investors from China put more than $15 billion into 171 transactions in the U.S. in 2015, and more than $30 billion of deals and projects are already pending for this year, according to the study. The report cited data compiled by Rhodium’s China Investment Monitor, which has tracked mainland Chinese-owned firms’ direct investment in the U.S. since 2000. They helped add 13,000 full-time jobs for Americans last year, bringing the total number over the past 15 years to more than 90,000, according to the report.