American Chamber of Commerce in Shanghai: Chinese FDI in the U.S.
The American Chamber of Commerce in Shanghai says Chinese foreign direct investment (FDI) in the United States grew 300 percent from 2008 to 2009.
"As the Chinese economy expands and becomes further integrated into the global economy, Chinese FDI will naturally increase," says Brenda Foster, president of the AmCham Shanghai. "Like other foreign investment in the United States, Chinese investment will create American jobs, promote growth, and increase U.S. exports."
China is one of the United States' most important investors. China's FDI in the United States was estimated as high as $6.4 billion last year, a 300 percent increase from 2008. The report provides recommendations for ways federal, state, and local governments can secure part of that FDI.
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