Edited by Craig C. Julian, Zafar U. Ahmed and Junqian Xu
China's economic rise during the past three decades has not only caught the attention of the world but has also remarkably reshuffled global economic competition. China has shifted from being an FDI host nation to an FDI home nation investing all around the world. The United States is finding itself increasingly on the receiving end of foreign direct investment from China (Rosen and Hanemann, 2011). Not until very recently has there been research on US foreign direct investment (FDI) in China (Branstetter and Foley, 2010; Du et al., 2008) and fewer studies about China's FDI in the US. This chapter attempts to fill this gap in the literature and offers some preliminary findings on this topic. Based on the conceptualization of outward FDI originating from developing countries (He, 2012), this chapter offers some additional empirical insights as to what, how, who, where, and why China invests in the US; what controversies are associated with these investments; and the impact on the US economy of outward FDI from China.
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