Friday, June 14, 2013

Chinese investment in US grows

(Source: Reuters) - The biggest-ever Chinese acquisition of a U.S. company faces hurdles in Washington from lawmakers and regulators, but in much of America, Chinese investment is quietly booming. With over $10.5 billion of deals by Chinese companies in the United States so far this year, 2013 is on pace to be the largest year ever for mergers and acquisitions of U.S. firms by Chinese companies, according to Thomson Reuters data. To see a complete report, log on http://www.reuters.com/