Chinese investment in the United States has plummeted 92% this year
For years, Chinese companies pumped growing amounts of money into the United States, deepening ties between the countries.
But Chinese investment totaled only $1.8 billion between January and May. That's a 92% drop compared to the same period in 2017, and the lowest level in seven years, according to a report released Wednesday by Rhodium Group, a research firm that tracks Chinese foreign investment.
Informative article, this is worrisome news, could have huge effects on all types of investments and businesses. I'm all for free trade, the freer the better. I hope these politicians don't let this get out of control....
Read the full story here...
http://money.cnn.com/2018/06/20/investing/chinese-investment-united-states-falls/index.html
Trade fears are a daily conversation in the markets now, not good. :(
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