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Japan in the 1990s, ME sovereign wealth funds in the late 2000s, China in the mid 2010s.
by selectodude 3mo ago
Japan in the 1990s, ME sovereign wealth funds in the late 2000s, China in the mid 2010s.
- throwaway2037 3mo agoThe original post specifically wrote: "new construction". As I understand, those investment waves were mostly buying existing assets, not building new ones. From your examples, do you have examples of significant new construction? I do not. When I think of foreign investment to build things in the US, I mostly think about German/Korean/Japanese auto manufs and Korean/Taiwanese semiconductor manufs. Most people don't understand the massive investment that German/Korean/Japanese auto manufs have made into the US to build and operate plants in the last 30+ years. (This also includes local R&D centers.) It is huge, maybe more that the domestic manufs in aggregate. The same can be said for Korean/Taiwanese semiconductor manufs in the 2020s: The numbers are simply staggering and far exceed domestic producers.
- selectodude 3mo agoI know what I said. Lots of foreign money backed construction loans got wiped out. The buildings are still there, the project went bankrupt, and the world kept turning.