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Chinese investments in US set to hit new high again this year
Add BT as a preferred sourcePublished Sun, Sep 25, 2016 · 09:50 PM
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Los Angeles
FROM real estate to high-tech firms to entertainment giants, Chinese investments in the United States, notably California, are moving at a dizzying pace and are on course to smash records again this year.
Chinese companies shelled out a record US$15 billion last year in the US and that figure could more than double in 2016, according to research firm Rhodium Group and the National Committee on US-China Relations.
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