CGCC Launches New Report Two-Way Street: 25 Years of US-China Direct Investment
Stephen Orlins, President of NCUSCR, remarked “Today Chinese companies, especially members of CGCC that invested here, are building constructive relations with America. More than 100,000 Americans now work for Chinese companies.” “We witnessed a re-birth of the community around the abandoned GM facility in Dayton, Ohio, right after Fuyao’s $ 450 million investments creating 2,500 jobs,” said Orlins. Orlins emphasized that the volume of U.S.-China two-way investments can no longer be under-estimated; that’s where the significance of this report lies.
Kenneth Jarrett, President of AmCham Shanghai spoke highly of the collaboration between AmCham Shanghai and CGCC on this report. Jarrett said, “The cooperation between the two chambers of commerce itself reflects the two-way nature of the study. It also reflects the growing interactions between the two growing business communities, and our shared goal to cultivate constructive business relationship between the United States and China.”
Two-Way Street is a great collaboration between CGCC and Rhodium Group to better understand the changing dynamics of Sino-American economic relations. CGCC presents special thanks to all supporting partners of Two-Way Street. CGCC and CGCC Foundation will continue working dedicatedly to support research on relevant issues and promote communication in the U.S.-China business community.
For complete English and Chinese versions of the report, interactive maps and other information about the US-China FDI Project, please visit: http://www.us-china-fdi.com.