Chinese companies are helping the US economy

Global Business

For decades U.S. companies have invested heavily in China by setting up manufacturing plants that have created countless jobs. Until recently, the money flows have been mainly one-sided, but a new report shows the tide is changing as Chinese companies are increasingly investing in the U.S. and creating more jobs for Americans. CCTV Karina Huber filed this report.

Chinese companies are helping the US economy

Chinese companies are helping the US economy

For decades U.S. companies have invested heavily in China by setting up manufacturing plants that have created countless jobs. Until recently, the money flows have been mainly one-sided, but a new report shows the tide is changing as Chinese companies are increasingly investing in the U.S. and creating more jobs for Americans. CCTV Karina Huber filed this report.
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Highlights:

  • Chinese direct investment in the U.S., which was virtually non-existent 15 years ago, is now booming.
  • According to a report by Rhodium Group and the National Committee on U.S.-China relations, between 2000 and 2014, Chinese companies spent almost 46 billion dollars in direct investment in the U.S., the bulk of it over the past five years.
  • In total, more than 80,000 Americans are currently on the payroll of Chinese affiliated companies and that number is expected to grow.

Aaron Brickman on China’s increasing investments in the US
To find out why are Chinese investments in the U.S. are on the rise and how it is affecting both nations economies, Phillip TK Yin spoke with Aaron Brickman, a strategy and development senior Vice President at the Organization for International Investment.

Follow Phillip Yin on Twitter @PhillipTKYin

Aaron Brickman on China\'s increasing investments in the US

Aaron Brickman on China\'s increasing investments in the US

To find out why are Chinese investments in the U.S. are on the rise and how it is affecting both nations economies, Phillip TK Yin spoke with Aaron Brickman, a strategy and development senior Vice President at the Organization for International Investment.
Download Video