Author Topic: Rhodium Group: Chinese Companies on Pace to Invest $30 Billion in US This Year  (Read 1217 times)

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rangerrebew

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    Rhodium Group: Chinese Companies on Pace to Invest $30 Billion in US This Year


    (Dollar Photo Club)

    Sunday, 25 Sep 2016 03:20 PM


    From real estate, to high-tech firms to entertainment giants, Chinese investments in the United States, notably California, are moving at a dizzying pace and are on course to smash records again this year.

    Chinese companies shelled out a record $15 billion last year in the US and that figure could more than double in 2016, according to research firm Rhodium Group and the National Committee on US-China Relations.

    California, especially the San Francisco Bay Area and Los Angeles, has been at the forefront of China's appetite to invest overseas, with billions of dollars going into the technology, renewable energy and entertainment sectors, and increasingly into real estate.
 

    http://www.newsmax.com/Finance/Econo.../25/id/750047/


Offline Fishrrman

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Online Smokin Joe

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http://www.youtube.com/watch?v=TYKAbRK_wKA
Wow. A blast from the past--when the National Debt was only about 7 trillion.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Offline Frank Cannon

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What a silly article. They keep referring to this as investment when it is rich Chinese looking for places to hide money away from the homeland (See Vancouver Housing Market). China is in real deep trouble and the smart money is running for the hills.