Trump lurks in background of investment report
US President-elect Donald Trump wasn’t in the room at the Bank of China building for the unveiling of the report Two-Way Street – 25 Years of US-China Direct Investment from the Rhodium Group and the National Committee on United States-China Relations on Monday night in New York. But the specter of Trump and his potential policies was on the minds of many, including Stephen Orlins, president of the committee. He thanked the crowd for attending on the “ﬁ rst Monday after the Tuesday that shook the world”. Data from the Rhodium Group report revealed a much deeper foreign direct investment connection between China and the US than may have appeared from previous studies. Daniel Rosen, a co-author of the report, believes that Trump is open to a much wider range of ideas on the Sino-US relationship than most are expecting. “He is now in a transition, and that is a learning time for him to ﬁ gure out what is realistic,” Rosen said. “I think the study will be valuable to him and his counterparts in Beijing in understanding just how deep and broad the two-way relationship is.” Annual Chinese investment to the US is now higher than American investment ﬂows to China. “More than 100,000 Americans now work for Chinese companies in the US,” Orlins said.