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China cuts US investments by 92% amid escalating trade war
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Contributor | RP |
Last Edited | RP Jun 20, 2018 06:22am |
Category | Report |
News Date | Jun 20, 2018 06:00am |
Description | The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world's two largest economies.
Chinese investments totaled $1.8 billion from January through May, representing a 92-percent drop against the same period a year ago. That’s the lowest level in seven years, according to the latest report by Rhodium Group, a research provider that tracks Chinese foreign investment. |
Article | Read Article |
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