Chinese Investment Into North America Crashed Before US Election
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China’s investment into North America dropped at the end of last year below levels seen during the worst of the pandemic, a slump caused by hurdles in the US and likely exacerbated by a wait-and-see attitude of firms ahead of the election won by Donald Trump.
Companies only announced $191 million of new investments into Canada, Mexico and the US last quarter, according to new research from US-based consultancy Rhodium Group, a decline of more than 90% from the same period a year earlier.