Economic changes in China have set up the world's second-largest economy for a "structural increase" of foreign direct investment in a broad range of industries in the United States over the next decade, according to a director at a New York-based global research and advisory firm.
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"China is only at the beginning of a structural catching-up process in global outbound investment," Thilo Hanemann, research director with the Rhodium Group LLC, said in an e-mail to China Daily over the weekend.
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Hanemann, who leads RHG's cross-border investment work, said the US will see "strong inflows in the next decade", but the amount of investment from China will depend on a number of factors.
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Those include "the relative attractiveness of the US economy, the ability of Chinese firms to compete in an advanced market like the US and the progress both countries make in sustaining two-way openness to investment".Â
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Economic changes in China have set up the world's second-largest economy for a "structural increase" of foreign direct investment in a broad range of industries in the United States over the next decade, according to a director at a New York-based global research and advisory firm.
