Matt Ming from Beijing, China via Wikimedia Commons

China has now overtaken the U.S. in one particularly troubling economic metric: new foreign direct investment.

The metric measures the amount of investment sent by foreign investors into a particular economy. While the overall size of foreign investment in the US is still overall larger than in China, the change in new foreign investment away from America may signal that foreign investors are not confident in a United States run by Joe Biden.

As The Wall Street Journal reports:

China overtook the U.S. as the world’s top destination for new foreign direct investment last year, as the Covid-19 pandemic amplifies an eastward shift in the center of gravity of the global economy…

China, long ranked No. 2, saw direct investments by foreign companies climb 4%, the United Nations Conference on Trade and Development said. Beijing used strict lockdowns to largely contain Covid-19 after the disease first emerged in a central Chinese city, and China’s gross domestic product grew even as most other major economies contracted last year.

The 2020 investment numbers underline China’s move toward the center of a global economy long dominated by the U.S.—a shift accelerated during the pandemic as China has cemented its position as the world’s factory floor and expanded its share of global trade…

Foreign investment in the U.S. peaked in 2016 at $472 billion, when foreign investment in China was $134 billion. Since then, investment in China has continued to rise, while in the U.S. it has fallen each year since 2017.

 

 




Comments

  1. Biden needs to be impeached as soon as possible , china is not touching the USA , it does not own nothing in the USA , not the country , not the people, not the economy,

    1. To be rid of china joe , we would need to disband the donkeycraps party. The line of succession belongs to the commies.

    2. Atrocious English. If China “does not own nothing” in the USA, that’s a double negative – if it does not own nothing, that means it owns something – and will continue to own more and more as long as we’re willing to give it away.

      1. Barry nobammy sold a lot of America’s parks/national forests as well as most of commifornia to the ccp during the first 8years of his usurped office and now trying to finish us off during the first 4 of his puppet biden for his dady GS….

      2. well they are already milking Biden for what they paid the Biden Crime Cabal, and in addition what it cost them to put him and the other crooked Democrats [ and some GOP too] in power. I think he’s trying to give them 130 Billion and calling it “Covid Relief” wow giving money to the Chinese who used their Germ Warfare to try to level the global playing field, destroying 180 nations economies and killing over 100 million of their people so they can steal even more from the world. Biden is driving the get away car and paying the crooks with our money. IMPEACH HIM and Kamala , right after recalling Pelosi for her insider trading scams. NOW.

  2. Its time for the military intervention…..military tribunal……constitution strong hold to protect the republic

  3. Nowhere in the world, neither here nor abroad, will investors be confident in an economy run by fraudulent, weak Screamin’ Joe Biden.

  4. Why should foreign investors have confidence in the US economy as the public has no confidence that Biden snd his hinch men are going to take away their incentive to invest as he plans on taking their capital gains away in high tax hikes. So they will take their money and put it on investments on other countries and avoid the taxes on it by not bring money back to this country but put it in another country.

  5. Alleluia, don’t want them to buy US real estate anyway. Actually, don’t want them here either!!! They realize the US under biden is going to crumble!!!

  6. Go ahead send your money to China. If your lucky you might get it back someday. Don’t hold your breath as you might turn Blue.

  7. Biden as expected is a disaster. If he stays even 2 years we are doomed. As to China, If investors are fooled by their PONZI schemes in investing they will all suffer the same fate as Bernie Madoff Ponzi victims. China lies about their finances; has no audit of their money or no controls in place to monitor their stocks. It is like a big Mafia Casino. They are all criminals, and investing there or taking their paper Yuan currency is a financial Death sentence. Ask Sri Lanka, and the Billion $ bill China’s Silk Road stuck them with, or in Africa how “Transition Holdings” a Shenzhen China company captured their cell phone business and now owns them. Now they are working on taking over Klaipedia, the main Baltic port in little Lithuania so they can get a foothold in the EU. They already installed Huawei and are stealing all of the little countries technology and laser and medical research. All of this is laid out in Gen. Robert Spaldings’ book “Stealth War” about China’s Imperialist version of Chinese capitalism. They are building their Silk Road on the backs of many, many small countries who are falling for their Ponzi Scheme. Trump had their number and knew all their progress and alleged wealth and technology is really a False front for shallow plans and real economic value. CHINA IS A GLOBAL FRAUD unleashing their Germ warfare on the world to gain economic power with nothing to back it up. If you are an investor in stocks you want to see documentation to back up the stated value of a stock. China refuses to allow their company books to be audited. All companies in China are owned by CCP and PLA. So to ask for an audit means death to the one questioning their stated value. A day of reckoning is coming for these criminals

  8. Biden is wrecking us for sure!!! He needs to be OUT of the White House! AND all who are behind him that are actually RUNNING things.

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