(Source: RHG) Rhodium Group and the National Committee on US-China Relations have
released the 2016 update of its “New Neighbors” report. The report
provides a detailed tally of the operations of Chinese-affiliated
companies in the United States and the local impacts of those investment. It finds that Chinese investment in acquisitions, new operations, and
expansions in the US grew to more than $15 billion in 2015, setting a
new record. The number of Chinese-affiliated companies in the US exceeded 1,900 by
year-end 2015, extending across more than 80% of congressional districts
(362 of 435). As greenfield foreign direct investment (FDI) picked up
and many existing companies expanded local employment, the number of
Americans employed by Chinese-affiliated companies rose by another 12%,
to 90,000. Read the full report here.