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Report urges U.S. open door to China investment flood
Posted By MarleighJones On May 4, 2011 @ 10:23 am In Economic Crisis,Old Infowars Posts Style | Comments Disabled
May 4, 2011
Tens of billions of dollars of Chinese investment could flood into the United States in the next decade, creating a multitude of American jobs if officials do not succumb to a political backlash and throw up barriers, according to a report released on Wednesday.
The study forecast Chinese companies would unleash some $1 trillion to $2 trillion in new greenfield investments or mergers and acquisitions around the world by 2020.
That would be a four- to eight-fold increase of China’s current outward investment of about $230 billion, according to the report done for the Asia Society, the Kissinger Institute on China and the United States and the Woodrow Wilson International Center for Scholars.
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