OctaFX | OctaFX Forex Broker
Open trading account

Chinese investment in US declines 73% in 2018 - Reuters

According to Reuters, Chinese investment in the domestic US collapsed -73% as the two countries' tariff spat continues to see escalating real-world effects, with US restrictions sapping foreign money access to US companies and China's clampdown on escaping capital from the mainland.

Key quotes

Chinese foreign direct investment into North America and Europe fell by 73 percent to a six-year low last year as the United States tightened scrutiny of deals and Chinese restrictions on outbound investment bit, law firm Baker & McKenzie said.

Completed Chinese FDI deals in the two Western regions fell to $30 billion in 2018 from $111 billion the year before, Baker & McKenzie said in a report prepared with research firm Rhodium Group.

“Some deals are still getting done despite new investment screening regulations, trade tensions and Chinese investment controls,” said Michael DeFranco, global head of M&A at Baker McKenzie.

“But all parties in a prospective transaction need to conduct plenty of due diligence and take in-depth regulatory advice to assess if a deal is viable.”

China’s Dec trade balance (CNY): Exports and imports drop sharply

China's trade balance for December, in Yuan terms, came in at CNY 395bn versus CNY 306.04bn last. Exports came at +0.2% y/y vs. +10.2% last, while im
Read more Previous

China Trade Balance CNY climbed from previous 306.04B to 395B in December

China Trade Balance CNY climbed from previous 306.04B to 395B in December
Read more Next
Start livechat