8 ms·
Companies are giving up on the United States and betting big on China
- simonh 6y agoIt's hardly surprising that an explicit policy of turning away from global trade would lead to a collapse in the inflow of global capital. A drop by half, after a previous upward trend, is a bit of a shock though, I'm not sure even the protectionism pessimist were expecting it to be quite that bad. Hopefully a more trade friendly policy from the new administration will stabilise things.