Dear Zhenying:
Please join the Asia Society and Rhodium Group for the launch of a new report on Chinese high technology investment in the United States. The study surveys the state of play and is intended to provide common ground for the ongoing debate, often ideological and acrimonious, over U.S-China high tech trade and investment in sectors such as information technology, life sciences, and clean technology.
Key topics include drivers of Chinese high-tech investment, current trends, and risks and opportunities for the U.S. posed by the investment boom. The report also offers a series of recommendations to policymakers and business leaders in both the U.S. and China.
Drawing from the Rhodium Group's proprietary database of Chinese investment in the U.S., the report's scope is national, but given the industry's distribution, it is the most relevant to audiences in California, New York, and other high-tech clusters in the U.S. The report is co-authored by Daniel H. Rosen and Thilo Hanemann of the Rhodium Group.
As Chinese outbound investment shifts from natural resources into more advanced, innovation-intensive industries, a rapidly increasing share is going into U.S. IT, cleantech, biotech, advanced transportation, and more.The new study builds on two previous Asia Society-Rhodium Group efforts, An American Open Door? Maximizing the Benefits of Chinese Foreign Direct Investment (April 2011), which looked at Chinese direct investment into the U.S.; and Chinese Direct Investment in California (October 2012), which focused on investments in California.
What are the hottest sectors drawing the most Chinese investment? Which Chinese firms are leading the surge and what is driving them? What are the economic and political factors behind these investments, and what are the most serious challenges they face? What is the impact on U.S. jobs, the tax base, and national security?