Investment flows between China and the US fell to their lowest level in almost a decade in the first half of the year, as the coronavirus pandemic and political tensions cast a shadow over cross-border activity.
Capital flows between the two countries amounted to $10.9bn in the first six months of 2020, lower than any period since 2011, according to a report from consultancy Rhodium Group and the National Committee on United States-China Relations, a non-governmental organisation.
US-China relations have fallen to their lowest point in decades following the coronavirus pandemic, which exacerbated frictions over trade and ushered in fears of a “cold war” chill between the world’s two largest economies.
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