News Snapshot:
According to research conducted together with the non-profit National Committee on US-China Relations, a single purchase accounted for the lion’s share of the $4.7 billion directly invested by Chinese companies into the US. That’s when tech giant Tencent paid $3.4 billion in March for a minority stake in Universal Music Group. The authors of the report noted that the fall-off was due to the increasingly restrictive policies the Trump administration adopted toward Chinese investment, particularly in the tech industry. Also on rt.com US companies plan to stay in China despite Trump’s threat to ‘decouple’ trade Statistics show that direct investment...
