Date post: | 22-Nov-2014 |
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CHINESE INVE$TMENT$ IN THE UNITED STATES
Excluding bond purchases, Chinese investment in the
United States set a record last year at more than $14 billion,
rising more than 50 percent from 2012.
The American Enterprise Institute and The Heritage
Foundation have joined forces to create the
China Global Investment Tracker — the world’s only fully public
database on Chinese nonbond investment. It contains more than
500 outward investments of $100 million or more made by the
People’s Republic and Chinese firms since 2005, worth more
than $475 billion.
The following are among the largest purchases in the United
States made by Chinese entities in 2013.
CHINESE INVE$TMENT$ IN THE UNITED STATES
1
2
3
5
5
10
11
CHINESE INVE$TMENT$ IN THE UNITED STATES
1. Irving, TX 2. St. Louis, MO 3. Smithfield, VA 4. Indian Land, SC 5. New York City, NY 6. Los Angeles, CA 7. New York City, NY 8. San Francisco, CA 9. Memphis, TN 10. Mountain View, CA 11. Santa Monica, CA 12. Somers, NY
9 4
7
8
6
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CHINESE INVE$TMENT$ IN THE UNITED STATES
ENERGY AND OIL• Sinochem Group, China’s biggest supplier of chemical
products, bought a 40-percent stake in Texas oil-shale
acreage from Pioneer Natural Resources Co. for $500
million.
• Sinopec bought 50 percent of Mississippi Lime worth $1.02
billion.
AGRICULTURE• Holding company Shuanghui purchased Smithfield Foods for
$7.1 billion.
• Textile company Keer Group invested $218 million in Lancaster
County, SC, to produce industrial cotton yarn.
CHINESE INVE$TMENT$ IN THE UNITED STATES
REAL ESTATE• Investment firm Soho China bought 20 percent of the GM Building in
New York City for $680 million.
• Shanghai Greenland, one of the largest state-owned real estate
enterprises, bought $990 million worth of Los Angeles property.
• Fosun International Ltd, the investment arm of China’s biggest closely
held industrial group, bought 1 Chase Manhattan Plaza in New York
City from JP Morgan Chase & Co. The company, which invests in
properties, pharmaceuticals, and steel, paid $725 million for the high-
rise built by David Rockefeller.
• China Vanke Co, the largest residential real estate developer in China,
received a 70-percent stake in a $620 million joint venture to build two
luxury high-rise condominium towers in San Francisco.
CHINESE INVE$TMENT$ IN THE UNITED STATES
MEDICAL SYSTEMS•Mindray Medical bought ZONARE systems for $110
million.
• Shanghai Microport Scientific bought a unit of Wright
Medical for $290 million.
TECHNOLOGY• Tencent bought 6 percent of Activision — maker of
the popular video game, Call of Duty — for $350
million.• Lenovo bought IBM’s low-end server business for
$2.3 billion.
LEARN MORE
To learn more about Chinese investments in
the United States and around the world, visit
the China Global Investment Tracker and read
“China invests (somewhat) more in the world”
by AEI’s Derek M. Scissors.
CHINESE INVE$TMENT$ IN THE UNITED STATES