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The Chinese are investing in America

30 september 2016 - Fx4News
The Chinese are investing in America

China is investing heavily in the states. And in a variety of sectors - the high-tech, real estate, retail, etc. -. On AMarkets materials.

 

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In 2015, Beijing has poured into the US economy a record $ -. $ 15 billion In 2016, the figure will be at least 2 times more - data research firm Rhodium Group and the National Sino-US Relations Committee.

 

The biggest Chinese investor appetite accounts for business in San Francisco and Los Angeles. Most actively fundable sectors - technology, renewable energy, entertainment, recreation and real estate. In the business sector of California China since 2000 has invested $ 8 billion - more than in any other state. In the Golden State at the end of 2015, there were 452 companies with Chinese owners, which in total were held in the state of more than 9,500 people. The most massive acquisition of China took place earlier in 2016, when Beijing Wanda Group paid $ 3.5 billion for the film studio Legendary Pictures. In this business segment receives Chinese investors, as they say, with open arms. The rhetoric of anti-China sentiment in Congress - a process that runs parallel to the forces and politicians, not businessmen.

 

In the first 5 months of 2016 the Chinese buy US real estate (private and commercial) for $ 4.37 billion - Cushman & Wakefield data. In addition, China is large-scale development projects. Currently Beijing Oceanwide Holdings is building a condominium valued at $ 1 billion in Los Angeles. Another project - Metropolis, which is maintained by the Shanghai Greenland Holding Group forces. Metropolis, completion of construction scheduled for 2018, will be the largest shopping and entertainment complex on the West Coast.

 

The average price of units purchased by the Chinese real estate - $ 936,000. The average price paid by the local population, per unit of real estate is much lower - $ 266000. According to economists, following the Business Sector's popularity, which will invest in Chinese - agriculture and food industry.

 

 

 

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