See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Chinese Money in the U.S. Dries Up as Trade War Drags On

Posted on AllSides July 21st, 2019
From The Left

Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America, with Chinese investment plummeting by nearly 90 percent since President Trump took office.
The falloff, which is being felt broadly across the economy, stems from tougher regulatory scrutiny in the United States and a less hospitable climate toward Chinese investment, as well Beijing’s tightened limits on foreign spending. It is affecting a range of industries including Silicon Valley start-ups, the Manhattan real estate market and state governments that spent years...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.nytimes.com/2019/07/21/us/politics/china-investment-trade-war.html

More News about Trade from the Left, Center and Right

From the Left

From the Center

From the Right