Skip to content

Report

China

New Neighbors 2016: Chinese Investment in the US by Congressional District

Rhodium Group and the National Committee on US-China Relations have released the 2016 update of its “New Neighbors” report.

nnupdate

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.

Executive Summary

Last year’s “New Neighbors” report for the first time provided a detailed tally of the operations of Chinese affiliated companies in the United States, and the local impacts of those investments. This update reviews China’s US investments in 2015 and describes how they have affected the footprint of Chinese companies in each region, state, and congressional district.

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 yearend, 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.

With over $30 billion already in pending deals and projects, 2016 is likely to be another record year for
Chinese FDI in the US. Regulators and Members of Congress have a responsibility to guarantee that
legitimate concerns about Chinese FDI are addressed. At the same, they also need to ensure that political rhetoric and politicization do not needlessly impede job-creating investment inflows, particularly in an election year.

Read more here.