Washington’s policies toward Beijing have been cited as one of the main reasons Chinese businesses have been slashing their investments in the US in the face of worsening bilateral relations and challenging business conditions, the Financial Times reported on Tuesday, citing data from think-tank Rhodium Group. According to the report, Chinese financial input in America plunged to a mere $2.5 billion in 2022, the lowest in over a decade, and far below the record of $48 billion in 2016. The business activity of Chinese companies operating in the US was also shrinking, the data showed. “The environment in the US has
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