Chinese investment in the US plummeted 90 percent during Trump's war

The Chinese investment in the United States died almost 90 percent during President Trump Donald John TrumpChelsea Clinton announces the birth of the third child Ukrainian officials and Giuliani share the cancellation campaign information: reports Trump attack "The Squad" as & # 39; racist group of carers & # 39; MORE [1[ads1]9659003]'s first two years in the office that the world's two largest economies have conducted an aggressive trade war .

According to data from the data research firm Rhodium Group, The investment from China completed a full-time $ 46.5 billion in 2016. The following year, this amount went to $ 29.7 billion before falling to a nine-year low on $ 5.4 billion in 2018. During the two-year period, the investment was denied 88 percent.

Trump has imposed $ 250 billion of Chinese imports as a means of exerting pressure on the world's second largest economy to change some of the business practices. China has been accused of unfair commercial practices such as currency impact and intangible theft.

China responded to Trump's tariffs by imposing its own products on American products that hit the agricultural sector particularly hard. But the country has not been able to oppose the same scale since the US buys considerably more goods from China.

The decline in Chinese investment may be a form of non-tariff aversion to the United States [19659004] "China's domestic breakdown of outgoing outbound investors has dramatically changed the US business landscape," wrote the Rhodium group in a report.

But some of the downturn was due to increased US scrutiny, according to Rhodium.

"We estimate that Chinese investors left deals worth more than $ 2.5 billion in the United States in 2018 due to unresolved CFIUS concerns," the group wrote in a report referring to the Foreign Investment Committee in The United States, which regulates foreign investment.

The recent decline in Chinese investment marks a significant turnaround.

Before 2010, China's investment in the US was minimal. It remained well under $ 1 billion after the big recession in 2009, as it shot up $ 4.6 billion in 2010. Over the following years, it grew steadily until the 2016 peak.

After Trump took office, the number became