Chinese Deal Activity in US Plummets to 17-Year Low – FT
The United States has placed limitations on Beijing's ability to acquire semiconductor technology, while a congressional committee is closely examining trade agreements.
The level of business deals between China and the US has dropped to the lowest point in almost twenty years, due to ongoing tensions between the two nations. This has had a negative impact on the amount of financial activity happening between them, according to the Financial Times.
According to information provided by Dealogic, investment in the form of mergers and acquisitions from China in the United States has only amounted to $221m this year. This marks the slowest rate of investment since 2006. Data also indicates that German deals from China have reached a mere $189m, the lowest figure in over ten years. On the other hand, the United Kingdom and Australia have seen investment totaling $503m and $228m respectively.
Check out the complete article: The Financial Times
The United States is believed to be imposing stricter regulations on investment in funds related to China.
China is expected to achieve a historical milestone in its overseas metals and mining agreements this year, according to the Financial Times.
Chinese diplomats have made an extraordinary effort to secure lucrative business agreements worth billions of dollars.
China Asserts United States Lacks Authority to Meddle in Our Agreements with Germany
Sean O'Meara works as an Editor for Asia Financial. With over three decades of experience in the newspaper industry, he has worked at various levels in different publications across the United Kingdom. His roles have included being a writer, sub-editor, page designer, and print editor. Besides his passion for football, cricket, and rugby, Sean also possesses a keen fascination for the financial aspects of sports.
