Description |
1 online resource (9 pages) : illustrations |
Summary |
American investment in the People's Republic of China probably exceeds $1 trillion, most occurring in the past six years. The vast majority is portfolio investment--holdings of bonds and, especially, small equities stakes. The amount is surprising because half or more is routed through offshore conduits such as the Cayman Islands. Investment anywhere near this magnitude undermines the view that the US is confronting China economically. Despite tariffs, the 2019 goods trade deficit was almost the same as in 2016. Over that period, Chinese money exited US Treasuries on a net basis. Meanwhile, more than $500 billion in American capital flowed into Chinese securities. One policy step is obvious: Require investors to disclose the true end user of funds. If transparency is controversial, limit disclosure to potentially harmful destinations such as China. Any restrictions on outbound investment, say in advanced technology, would call for a new body similar to the Committee on Foreign Investment in the United States |
Notes |
"December 2020." |
Bibliography |
Includes bibliographical references (pages 7-9) |
Notes |
Online resource; title from PDF cover page (AEI, viewed December 9, 2020) |
Subject |
Investments, American -- China
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Investments, American.
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China.
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Form |
Electronic book
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Author |
American Enterprise Institute for Public Policy Research, publisher
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