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If I had to guess, American investments took over as #1 in FDI in 1992. Japan was still 4th in 1991. You can thank wall street, republican congress, and bill
by jonathannat 6y ago
If I had to guess, American investments took over as #1 in FDI in 1992. Japan was still 4th in 1991. You can thank wall street, republican congress, and bill clinton for that.
https://www.nytimes.com/1992/06/15/business/foreign-investors-pouring-into-china.html https://www.nytimes.com/1992/06/15/business/foreign-investor... "Last year (1991), the United States dropped to fifth, with less than a 5 percent share of foreign investment in China, behind Hong Kong, Germany, Taiwan and Japan." then the article talks about massive US investments.
https://en.wikipedia.org/wiki/Foreign_direct_investment_in_China https://en.wikipedia.org/wiki/Foreign_direct_investment_in_C... FDI spiked in 1992
- baybal2 6y agoYou need to keep in mind that Hong Kong is there mostly as a proxy, and mostly for China's neighbours.