“A large amount of Chinese investment capital is moving abroad, and most of it is landing in Europe rather than in the United States, The Washington Post reports.
A new report by research consultant Rhodium Group estimated that over the past two years, Chinese companies invested more than $20 billion in the European Union, but only $11 billion in the United States.
The growth in foreign direct investment from China is expected to continue to grow, as the country attempts to rely less on exports and internal investment and invests its massive annual budget surpluses in other ways…..”
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