A Study On The Development Of Chinese Direct Investment In The United States

After the global financial crisis,the rapid development of China’s direct investment in the United States has boosted the transformation and upgrading of China’s economy.On the one hand,we can learn advanced management techniques from the United States,acquire strategic assets and improve the international competitiveness of enterprises;on the other hand,we can open up new investment places for Chinese enterprises with excess capacity to gain profits.Under the new normal of economy,direct investment in the United States,as an important part of Chinese enterprises’ "going out" strategy,plays an increasingly prominent role in economic and social development.It is of great significance to the government,enterprises and individuals to grasp a series of problems of direct investment in the United States.China’s direct investment in the United States has gone through three stages: the embryonic stage,the initial stage and the rapid stage.After the financial crisis in 2008,China’s direct investment in the United States entered a stage of rapid development,which was characterized by small scale,gradually expanding investment industry,high proportion of private enterprises and cross-border mergers and acquisitions beyond greenfield investment.China’s motivations for direct investment in the United States include acquiring technology,markets,strategic assets,avoiding trade frictions with the United States and seeking resources.China’s direct investment in the United States has made some achievements.Through the reverse technology spillover effect,it promotes the improvement of China’s technological level,alleviates the situation of domestic overcapacity by expanding overseas markets,and expands the brand effect of Chinese enterprises by learning advanced management experience from the west.In the past two years,the United States has become increasingly politicized to direct investment from Chinese enterprises,which has affected the trade and investment relations between China and the United States.As a result,China’s direct investment in the United States has faced challenges such as intensified industrial competition,inevitable trade frictions and rising investment protectionism in the United States.Therefore,Chinese enterprises should adjust the attitude of American direct investment,scientific assessment of American direct investment risk,the rational view of bilateral relations,cautious and gradual development of direct investment in the United States,at the same time,the Chinese government to strengthen the security of investment activities,through improve the system of domestic policy,strengthen bilateral negotiation,promote bilateral investment agreements.