US-China investments are almost DOUBLE what the official figures show, report reveals ...News

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US-China investments are almost DOUBLE what the official figures show, report reveals
source : Russia Today ( News ) () 30
Total investments between the US and China are nearly twice as large as official numbers indicate, totaling $3.3 trillion in 2020, despite escalating tensions between the world’s two largest economies, a new study has found. The estimates were presented by New York-based research provider Rhodium Group. According to its report, published on the National Committee on US-China Relations website, around two-thirds of the total two-way capital flows were controlled by Chinese investors. They held $700 billion in equity and $1.4 trillion in debt securities issued by US entities at the end of 2020. This is around 40 percent more than what th

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