Partner
Thilo Hanemann is a Partner at Rhodium Group and leads the firm’s work on China-focused datasets and data solutions.
ChinaThilo specializes in building proprietary datasets and solutions and advises clients on tailoring analytical tools to their strategic and risk management needs.
The core areas of Thilo’s research expertise are China’s cross-border capital flows, its international investment position, and the global expansion of Chinese companies. His work analyzes the implications of China’s global investment and business expansion for economic development, global supply chains, technology competition, and national and economic security considerations.
He is a Senior Policy Fellow at the Mercator Institute for China Studies (MERICS) in Berlin and a Nonresident Fellow at the 21st Century China Center at the University of California San Diego (UCSD).
External research
New data from Rhodium Group’s China Cross-Border Monitor (CBM) shows that mainland Chinese companies announced 128 major FDI transactions in Q1 2026 with an estimated total value of $26.3 billion.
External research
Chinese FDI in the US has fallen significantly from its 2016 peak and remained at low levels for the past five years. The reality of the bilateral relationship makes a meaningful rebound of Chinese FDI in the US unlikely.
External research
The momentum of Chinese outbound FDI dropped in Q4 2025, with only $19.2 billion in newly announced transactions. Greenfield investment led the slowdown, with only a single new billion-dollar project announced.
External research
The China Cross-Border Monitor (CBM) recorded a total of $124 billion of new FDI transactions announced by Chinese firms in 2025, an 18% increase from 2024.
