Chinese investment in America plunged by 83 percent in 2018

[Yo_Mama_Been_Loggin]

The Chinese investment boom into America has almost completely vanished.

Foreign direct investment from China into the United States plummeted by 83% in 2018, according to a report released Monday by law firm Baker McKenzie.

Not only are Chinese firms drastically scaling back investments, but they've embarked on a record-setting wave of sales of real estate, hospitality and entertainment businesses.

Including those sales, net Chinese foreign direct investment into North America turned negative in 2018 to the tune of $5.5 billion, according to Baker McKenzie. Another $12 billion of Chinese assets around the world are expected to be sold this year, the report said.

https://www.msn.com/en-us/money/markets/chinese-investment-in-america-plunged-by-83-percent-in-2018/ar-BBSfs60?li=BBnbfcN

What about all the money McConnell's getting?

[dalton99a]

1. Chinese investment in Canada went up by 80%

China has retreated from other major markets — foreign direct investment into as a whole Europe tumbled by 70% in 2018, for example. But the United States has experienced the sharpest decline.

Some large economies, including France, Germany, Spain and Sweden, experienced an increase of investment from China, Baker McKenzie said.

Canada also bucked the trend, with Chinese investment spiking by 80% to $2.7 billion last year. Including divestitures, Canada actually enjoyed more Chinese investment than the United States in 2018, Baker McKenzie said.

[smirkymonkey]

2. Well done President Dipshit.

You are really doing a bang-up job with the economy. Things are only going to go downhill as long as you are in office. Keep alienating our allies and trading partners. I'm sure it will work out well.

[2naSalit]

3. Good!

They can take that laundered money and buy up somebody else's country.