Chinese investments now support about 80,000 full-time jobs in the US, a fivefold increase in the past five years and an apparent reversal following decades of American complaints over manufacturing jobs being outsourced to China.
Chinese companies have invested $46bn in the US since 2000, most of it in the past five years, according to a study this week by US research company Rhodium Group, sponsored by the National Committee on US-China Relations.
The study predicts Chinese investment in the US could increase to between $100bn and $200bn by 2020, creating 200,000-400,000 jobs.
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