China-US FDI at All-Time High

Foreign direct investment between China and United States reached an all-time high of $60 billion in 2016, according to a recent report, which said the figure has elevated the importance of two-way FDI in the two countries’ economic relationship, Xinhua reported. The report, “Two-Way Street: 2017 Update,” which was jointly released by the Rhodium Group and the National Committee on US-China Relations on Wednesday, also showed the cumulative value of US FDI in China since 1990 has exceeded $240 billion, while Chinese companies have invested a total of $110 billion in the United States during the same period.