Deals
Chinese Investment Creates and Protects U.S. Jobs, Rhodium Says
- Analysis shows spending across country aids Trump policy goals
- Investments in U.S. tripled to a record $46 billion last year
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Employment by Chinese-owned firms in the U.S. has jumped ninefold since 2009 to 140,000 jobs while China’s investment in the country tripled to a record last year.
That’s according to a Rhodium Group analysis released Tuesday jointly with the National Committee on U.S.-China Relations. Chinese investment flowed for the first time into 63 congressional districts last year to expand its presence to all but 10 of 435, the report said.