Forget the Headlines: Chinese Buying Big in U.S.
- Details
- Category: Homeland Security
- Published on Wednesday, 22 May 2013 18:14
Michelle Caruso-Cabrera
CNBC
May 22, 2013
Although all the news about Chinese investment in the U.S. have focused on the deals that don't get done, Chinese investment in the U.S. is at an all-time high.
The Chinese are making headlines around the word for hungrily acquiring energy and resource companies in countries such as Canada, Africa and Latin America.
In the United States, the single largest Chinese investment to date is far more mundane: movie theaters. And to a large extent, that type of acquisition explains the broader story about China's strategy when it comes to U.S. investment.