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Foreign direct investment

Two-way street – US-China Investment Trends – 1H 2020 Update


Published 09 March 2021 | 1 minute read

This report provides key statistics on the investment trends between the US and China in the first half of 2020.

According to the report, the combined direct and venture capital investment between the US and China totaled US$10.9 billion in 1H 2020, the lowest level since 2H 2011. The drop would have been even larger if not for one especially large acquisition carried over from last year.

The total value of completed Chinese direct investment in the United States increased to US$4.7 billion in 1H 2020 from US$3.4 billion in 1H 2019, mainly thanks to Tencent’s US$3.4 billion purchase of a minority stake in Universal Music Group. US companies slashed new investment in China in 1H 2020 but remained committed to ongoing greenfield projects and previously announced acquisitions. Completed investments declined to US$4.1 billion, a year-over-year drop of 31%. 

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