China’s direct investment in the United States has plummeted by more than 90%, the lowest in seven years.
Solar Led Ceiling Light,solar powered led ceiling lights,solar outdoor ceiling led light,led solar ceiling light ZHONGSHAN G-LIGHTS LIGHTING CO., LTD. , https://www.glightsled.com Rong Ding also said that Chinese companies such as Hainan Airlines, Ampang and Wanda are currently selling their US assets, which has led to the completion of US assets of US$9.6 billion in the first five months of this year. About US$100. All of this stems from the strict control of cross-border capital flows by the Chinese government since the second half of last year, as well as the domestic policy of strong de-leveraging and prevention and control of financial risks. At the same time, the deterioration of Sino-US economic and trade relations has made China's investment in the United States worse. The escalating trade friction between China and the United States has caused Chinese companies to "sweep the goods" to the sea. Ant’s purchase of the US remittance company, Quick Cash International, at the beginning of the year ended in failure. Rong Ding said that in the first five months, there were a total of more than $2 billion worth of abortions for US acquisitions.
In this regard, Thilo Hanemann, senior policy researcher at Rongding Group, said: "The pending M&A trading channels are still narrow, and the average transaction value is much lower than previously expected."
According to him, compared with the previous transactions of hundreds of millions of dollars or more, the average amount of Chinese transactions in the United States so far this year is only $46 million. Xinhua News Agency said at the beginning of the year that Chinese companies have become the focus of US national security review. Industry data shows that since the beginning of 2016, 27 Chinese companies have failed to complete the US acquisition, which is almost equivalent to the sum of the uncompleted transactions of the UK, France, Germany, Japan, Italy and Canada. The Xinhua News Agency said that the US government has repeatedly used the national security review mechanism of the Foreign Investment Committee (CFIUS) to hinder Chinese companies from investing in the United States. Thilo Hanemann predicted in April that due to changes in the political trends between China and the United States, two-way direct investment between the two countries is expected to decline further this year.