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Chinese investments in the United States

Date post: 22-Nov-2014
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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 non-bond investment. It contains more than 500 outward investments of $100 million or more made by the People’s Republic since 2005, worth over $475 billion.
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CHINESE INVE$TMENT$ IN THE UNITED STATES
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Page 1: Chinese investments in the United States

CHINESE INVE$TMENT$ IN THE UNITED STATES

Page 2: Chinese investments 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

Page 3: Chinese investments in the United States

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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

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Page 4: Chinese investments in the United States

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.

Page 5: Chinese investments in the United States

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.

Page 6: Chinese investments in the United States

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.

Page 7: Chinese investments in the United States

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


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