Trump lurks in back­ground of in­vest­ment re­port

China Daily (USA) - - FRONT PAGE - —PAUL WELITZKIN

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.

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