Abstract: The United States has long been the world's largest destination for foreign direct investment. Its locational advantages and investment environment are fundamental factors attracting Chinese enterprises to invest in the U.S. This is reflected not only in its mature, vast market and world-leading capabilities in high-tech research, development, and application, but also in its stable and business-friendly soft and hard investment environment. After the financial crisis, the U.S. adjusted its economic structure and industrial layout. Both the Obama and Trump administrations prioritized revitalizing manufacturing, introducing a series of preferential measures to attract multinational corporations to return and encourage foreign investment inflows. Over decades of reform and opening up, Chinese enterprises have grown amidst fierce competition in both domestic and international markets, accumulating certain capabilities in outward investment. In terms of investment in the U.S., particularly in mergers and acquisitions, Chinese enterprises have achieved notable successes and gained valuable experience.

Authors: Chen Taotao, Gu Lingjun, Liu Shichang, Xu Run, Jin Ying, Wu Min

Published in: International Economic Cooperation, 2018, Issue 08, pp. 4-11