100+ datasets found
  1. U.S. annual FDI receipts from China 2000-2023

    • statista.com
    Updated Aug 1, 2024
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    Statista (2024). U.S. annual FDI receipts from China 2000-2023 [Dataset]. https://www.statista.com/statistics/188935/foreign-direct-investment-from-china-in-the-united-states/
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    Dataset updated
    Aug 1, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Chinese companies invested 28.04 billion U.S. dollars into firms in the United States in 2023, when measured on a historical-cost basis. The total foreign direct investments in the U.S. were valued at approximately 5.39 trillion U.S. dollars in that year. Sino-American relations FDI flows are even higher from the United States into China than the flows in this statistic. In addition to FDI, the countries are linked by billions of U.S. dollars in trade value, much of which includes integrated supply chains which see intermediate products shipped back and forth before a final product goes to consumers. This close economic relationship does not imply a political partnership, however. In fact, the countries engaged in what most analysts consider a trade war starting in 2018. China’s other options China is expanding its Belt and Road Initiative, producing infrastructure investments abroad in different parts of Asia. However, these outflows do not yet reach the values seen in this statistic, partly due to the smaller size of the target economies. Still, the majority of net overseas direct investment from China goes to Asia. This measure is slightly different because it does not give the total volume of investments, but it underscores the importance of regional ties to Chinese investors.

  2. C

    China Outward Investment: Latin America: Ecuador

    • ceicdata.com
    Updated Dec 15, 2019
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    CEICdata.com (2019). China Outward Investment: Latin America: Ecuador [Dataset]. https://www.ceicdata.com/en/china/outward-direct-investment-by-country/outward-investment-latin-america-ecuador
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    Dataset updated
    Dec 15, 2019
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    China
    Variables measured
    Investment Abroad
    Description

    China Outward Investment: Latin America: Ecuador data was reported at 100.400 USD mn in 2023. This records an increase from the previous number of 16.800 USD mn for 2022. China Outward Investment: Latin America: Ecuador data is updated yearly, averaging 16.800 USD mn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 470.600 USD mn in 2013 and a record low of -131.100 USD mn in 2017. China Outward Investment: Latin America: Ecuador data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: by Country.

  3. T

    China Foreign Direct Investment

    • tradingeconomics.com
    • ko.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Mar 14, 2024
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    TRADING ECONOMICS (2024). China Foreign Direct Investment [Dataset]. https://tradingeconomics.com/china/foreign-direct-investment
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    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Mar 14, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1997 - Aug 31, 2025
    Area covered
    China
    Description

    Foreign Direct Investment in China increased by 507 USD Hundred Million in August of 2025. This dataset provides the latest reported value for - China Foreign Direct Investment - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  4. T

    China - Foreign Direct Investment, Net (BoP, Current US$)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 30, 2017
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    TRADING ECONOMICS (2017). China - Foreign Direct Investment, Net (BoP, Current US$) [Dataset]. https://tradingeconomics.com/china/foreign-direct-investment-net-bop-us-dollar-wb-data.html
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    csv, json, xml, excelAvailable download formats
    Dataset updated
    May 30, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    China
    Description

    Foreign direct investment, net (BoP, current US$) in China was reported at 153687573951 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Foreign direct investment, net (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

  5. C

    China Direct Investment Abroad

    • ceicdata.com
    Updated May 15, 2020
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    CEICdata.com (2020). China Direct Investment Abroad [Dataset]. https://www.ceicdata.com/en/indicator/china/direct-investment-abroad
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    Dataset updated
    May 15, 2020
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2021 - Sep 1, 2024
    Area covered
    China
    Description

    Key information about China Direct Investment Abroad

    • China Direct Investment Abroad expanded by 34.5 USD bn in Sep 2024, compared with a growth of 71.0 USD bn in the previous quarter.
    • China Direct Investment Abroad: USD mn data is updated quarterly.
    • It is available from Mar 1998 to Sep 2024 and averaged 15.4 USD bn throughout the period.
    • The data reached an all-time high of 71.0 USD bn in Jun 2024 and a record low of -754.0 USD mn in Sep 2000.

    The State Administration of Foreign Exchange provides quarterly Direct Investment Abroad in USD.


    Key information about China Direct Investment Abroad

    • In the latest reports of China, Current Account recorded a surplus of 147.6 USD bn in Sep 2024.
    • Foreign Direct Investment (FDI) fell by 8.3 USD bn in Sep 2024.
    • Its Foreign Portfolio Investment increased by 24.0 USD bn in Sep 2024.
    • The country's Nominal GDP was reported at 4,166.8 USD bn in Mar 2023.

  6. Total FDI stock from China in Latin America 2013-2023

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). Total FDI stock from China in Latin America 2013-2023 [Dataset]. https://www.statista.com/statistics/278017/capital-stock-in-chinese-direct-investments-in-latin-america/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    LAC, Latin America, China
    Description

    This statistic shows the capital stock of Chinese foreign direct investments (FDI) in Latin America from 2013 to 2023. In 2023, China's FDI capital stock in Latin American countries amounted to around ***** billion U.S. dollars.

  7. C

    China Outward Investment: North America: Bermuda

    • ceicdata.com
    Updated Dec 15, 2019
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    CEICdata.com (2019). China Outward Investment: North America: Bermuda [Dataset]. https://www.ceicdata.com/en/china/outward-direct-investment-by-country/outward-investment-north-america-bermuda
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    Dataset updated
    Dec 15, 2019
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    China
    Variables measured
    Investment Abroad
    Description

    China Outward Investment: North America: Bermuda data was reported at 515.120 USD mn in 2023. This records an increase from the previous number of -167.650 USD mn for 2022. China Outward Investment: North America: Bermuda data is updated yearly, averaging 47.785 USD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 1.127 USD bn in 2015 and a record low of -316.830 USD mn in 2018. China Outward Investment: North America: Bermuda data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: by Country.

  8. C

    China Foreign Direct Investment

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China Foreign Direct Investment [Dataset]. https://www.ceicdata.com/en/indicator/china/foreign-direct-investment
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2021 - Sep 1, 2024
    Area covered
    China
    Description

    Key information about China Foreign Direct Investment

    • China Foreign Direct Investment (FDI) fell by 8.3 USD bn in Sep 2024, compared with a drop of 14.9 USD bn in the previous quarter.
    • China Foreign Direct Investment: USD mn net flows data is updated quarterly, available from Mar 1998 to Sep 2024.
    • The data reached an all-time high of 107.2 USD bn in Mar 2022 and a record low of -14.9 USD bn in Jun 2024.

    The State Administration of Foreign Exchange provides quarterly Foreign Direct Investment in USD.


    Related information about China Foreign Direct Investment

    • In the latest reports of China, Current Account recorded a surplus of 147.6 USD bn in Sep 2024.
    • China Direct Investment Abroad expanded by 34.5 USD bn in Sep 2024.
    • Its Foreign Portfolio Investment increased by 24.0 USD bn in Sep 2024.
    • The country's Nominal GDP was reported at 4,166.8 USD bn in Mar 2023.

  9. C

    China Outward Investment: United States: accum: Information Transmission,...

    • ceicdata.com
    Updated Aug 23, 2021
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    CEICdata.com (2021). China Outward Investment: United States: accum: Information Transmission, Software and Information Technology Service [Dataset]. https://www.ceicdata.com/en/china/outward-direct-investment-united-states-by-industry/outward-investment-united-states-accum-information-transmission-software-and-information-technology-service
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    Dataset updated
    Aug 23, 2021
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2011 - Dec 1, 2022
    Area covered
    China
    Variables measured
    Investment Abroad
    Description

    China Outward Investment: United States: accum: Information Transmission, Software and Information Technology Service data was reported at 2.832 USD bn in 2022. This records an increase from the previous number of 1.694 USD bn for 2021. China Outward Investment: United States: accum: Information Transmission, Software and Information Technology Service data is updated yearly, averaging 392.545 USD mn from Dec 2007 (Median) to 2022, with 16 observations. The data reached an all-time high of 9.308 USD bn in 2020 and a record low of 54.535 USD mn in 2007. China Outward Investment: United States: accum: Information Transmission, Software and Information Technology Service data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: United States by Industry.

  10. T

    China - Portfolio Investment, Equity (DRS, Current US$)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jul 23, 2013
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    TRADING ECONOMICS (2013). China - Portfolio Investment, Equity (DRS, Current US$) [Dataset]. https://tradingeconomics.com/china/portfolio-investment-equity-drs-us-dollar-wb-data.html
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    Jul 23, 2013
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    China
    Description

    Portfolio investment, equity (DRS, current US$) in China was reported at 60667928466 % in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Portfolio investment, equity (DRS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

  11. Quality of China's investment environment for U.S. companies 2018-2022

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). Quality of China's investment environment for U.S. companies 2018-2022 [Dataset]. https://www.statista.com/statistics/1406224/foreign-perception-of-investment-environment-in-china/
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    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China, United States
    Description

    According to a survey conducted among U.S. enterprises in China in 2022, ** percent of companies believed that China's investment environment was improving. Meanwhile, nearly half of respondents reported a deteriorating investment environment in China, significantly more than the year prior.

  12. Chinese direct investments' volume in the U.S. 2017, by sector

    • statista.com
    Updated Jul 9, 2025
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    Statista (2025). Chinese direct investments' volume in the U.S. 2017, by sector [Dataset]. https://www.statista.com/statistics/234784/quantity-of-chinese-direct-investment-in-the-usa-by-sector/
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    Dataset updated
    Jul 9, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2017
    Area covered
    China, United States
    Description

    The statistic shows the number of Chinese direct investments in the United States in 2017, by sector. That year, China made ** direct investments into the real estate and hospitality sector in the United States.

  13. C

    China Outward Investment: United States: Manufacturing

    • ceicdata.com
    Updated Aug 23, 2021
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    CEICdata.com (2021). China Outward Investment: United States: Manufacturing [Dataset]. https://www.ceicdata.com/en/china/outward-direct-investment-united-states-by-industry/outward-investment-united-states-manufacturing
    Explore at:
    Dataset updated
    Aug 23, 2021
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2011 - Dec 1, 2022
    Area covered
    China
    Variables measured
    Investment Abroad
    Description

    China Outward Investment: United States: Manufacturing data was reported at 1.541 USD bn in 2022. This records a decrease from the previous number of 1.784 USD bn for 2021. China Outward Investment: United States: Manufacturing data is updated yearly, averaging 1.662 USD bn from Dec 2007 (Median) to 2022, with 16 observations. The data reached an all-time high of 5.995 USD bn in 2016 and a record low of 78.620 USD mn in 2008. China Outward Investment: United States: Manufacturing data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: United States by Industry.

  14. C

    China Outward Investment: United States: accum: Public Administration,...

    • ceicdata.com
    Updated Aug 23, 2021
    + more versions
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    CEICdata.com (2021). China Outward Investment: United States: accum: Public Administration, Social Security & Social Organization [Dataset]. https://www.ceicdata.com/en/china/outward-direct-investment-united-states-by-industry/outward-investment-united-states-accum-public-administration-social-security--social-organization
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    Dataset updated
    Aug 23, 2021
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012
    Area covered
    China
    Variables measured
    Investment Abroad
    Description

    China Outward Investment: United States: accum: Public Administration, Social Security & Social Organization data was reported at 0.000 USD mn in 2012. China Outward Investment: United States: accum: Public Administration, Social Security & Social Organization data is updated yearly, averaging 0.000 USD mn from Dec 2012 (Median) to 2012, with 1 observations. China Outward Investment: United States: accum: Public Administration, Social Security & Social Organization data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: United States by Industry.

  15. C

    China Outward Investment: United States: Mining

    • ceicdata.com
    Updated Aug 23, 2021
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    CEICdata.com (2021). China Outward Investment: United States: Mining [Dataset]. https://www.ceicdata.com/en/china/outward-direct-investment-united-states-by-industry/outward-investment-united-states-mining
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    Dataset updated
    Aug 23, 2021
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2011 - Dec 1, 2022
    Area covered
    China
    Variables measured
    Investment Abroad
    Description

    China Outward Investment: United States: Mining data was reported at 358.410 USD mn in 2022. This records an increase from the previous number of 63.210 USD mn for 2021. China Outward Investment: United States: Mining data is updated yearly, averaging 255.570 USD mn from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 1.595 USD bn in 2013 and a record low of -1.556 USD bn in 2015. China Outward Investment: United States: Mining data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: United States by Industry.

  16. Value of foreign direct investments in China 2023, by sector

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). Value of foreign direct investments in China 2023, by sector [Dataset]. https://www.statista.com/statistics/257086/value-of-foreign-direct-investment-in-china-by-sector/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    China
    Description

    In 2023, about **** billion U.S. dollars of foreign direct investments (FDI) have been invested into the manufacturing sector in China. Total FDI inflows to China amounted to around *** billion U.S. dollars that year. Sectoral FDI distribution Foreign investment in China has been traditionally strong in the manufacturing sector. However, with the focus of Chinese economic development shifting from production to technology, services, and consumption, the landscape is changing rapidly. The manufacturing sector’s contribution to total FDI inflows has gradually declined from nearly ** percent in 2005 to less than ** percent in 2021, while the service sector accounted for more than ** percent in that year. In particular, research and technology, IT, and leasing and business services, are quickly gaining importance adding to the diversification of investments into China. Investment restrictions in China In international comparison, the level of investment openness in China is still low. Sectors with long standing restrictions are media and telecommunications, as well as industries of national interest. In recent years, China has made new efforts to improve the investment environment and issued a new foreign investment law in 2019, further protecting the interests of foreign companies in the country. Given China’s ongoing, comparatively low FDI intensity, the country has the potential to attract much more foreign investment than it currently does. However, current geopolitical tensions and doubts about China’s determination to further open the market, raise questions about future development in this area.

  17. T

    China - Foreign Direct Investment, Net Outflows (BoP, Current US$)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 18, 2017
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    TRADING ECONOMICS (2017). China - Foreign Direct Investment, Net Outflows (BoP, Current US$) [Dataset]. https://tradingeconomics.com/china/foreign-direct-investment-net-outflows-bop-current-us$-wb-data.html
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    json, excel, csv, xmlAvailable download formats
    Dataset updated
    Jun 18, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    China
    Description

    Foreign direct investment, net outflows (BoP, current US$) in China was reported at 172243715124 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Foreign direct investment, net outflows (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

  18. H

    Replication Data for: China’s Rise - Threat or Opportunity? The Pacifying...

    • dataverse.harvard.edu
    Updated Nov 13, 2024
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    Aycan Katitas (2024). Replication Data for: China’s Rise - Threat or Opportunity? The Pacifying Effect of Chinese Foreign Direct Investment on American Threat Perceptions [Dataset]. http://doi.org/10.7910/DVN/QWLDPQ
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    CroissantCroissant is a format for machine-learning datasets. Learn more about this at mlcommons.org/croissant.
    Dataset updated
    Nov 13, 2024
    Dataset provided by
    Harvard Dataverse
    Authors
    Aycan Katitas
    License

    CC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
    License information was derived automatically

    Area covered
    China, United States
    Description

    What drives mass attitudes toward China? Scholars have written extensively on the political consequences of China’s recent integration into the world economy. Yet we lack causal empirical evidence on the relationship between China’s rising outward investment and perceptions toward China. I exploit foreign direct investment (FDI)’s agglomeration tendency to identify the effect of Chinese FDI on American views of China as a threat. I show that the announcement of Chinese greenfield FDI projects lessens concerns about China due to economic sociotropic considerations: Chinese greenfield FDI is believed to generate economic benefits broadcast to the public by the local news media. By contrast, Chinese takeovers of American companies, which do not stimulate the labor market, are not associated with a decline in threat perceptions. Findings are robust to controls for other political and economic conditions such as trade shocks from China and are mediated by respondents’ attachment to national identity.

  19. C

    China Outward Investment: United States: Other

    • ceicdata.com
    Updated Feb 15, 2025
    + more versions
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    CEICdata.com (2025). China Outward Investment: United States: Other [Dataset]. https://www.ceicdata.com/en/china/outward-direct-investment-united-states-by-industry/outward-investment-united-states-other
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2009 - Dec 1, 2022
    Area covered
    China
    Variables measured
    Investment Abroad
    Description

    China Outward Investment: United States: Other data was reported at 60.360 USD mn in 2022. This records an increase from the previous number of 58.010 USD mn for 2021. China Outward Investment: United States: Other data is updated yearly, averaging 9.788 USD mn from Dec 2007 (Median) to 2022, with 14 observations. The data reached an all-time high of 126.120 USD mn in 2018 and a record low of 0.200 USD mn in 2014. China Outward Investment: United States: Other data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: United States by Industry.

  20. d

    Replication Data for: The Effects of Economic Sanctions on Chinese Overseas...

    • dataone.org
    • dataverse.harvard.edu
    Updated Nov 8, 2023
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    Lektzian, David (2023). Replication Data for: The Effects of Economic Sanctions on Chinese Overseas Foreign Direct Investment [Dataset]. http://doi.org/10.7910/DVN/1PZSCI
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    Dataset updated
    Nov 8, 2023
    Dataset provided by
    Harvard Dataverse
    Authors
    Lektzian, David
    Description

    This paper investigates the effects of United States sanctions on Chinese public and private overseas foreign direct investment (FDI). Using data for up to 112 developing countries from 2005-2015, we find that Chinese state-owned enterprises (SOEs) are more likely to invest in countries threatened or targeted with U.S. sanctions relative to Chinese privately-owned enterprises (POEs) because they have the Chinese government’s backing and are larger in number and size, motivating them to invest in higher-risk states. The Chinese government also reaps political benefits by Chinese SOEs investing abroad, enhancing China’s economic strength and decreasing its rivals’ influence. We also obtain similar results for Chinese SOEs and POEs regardless of the investment sector and conduct additional robustness checks that further reinforce the main findings. Our study provides insights into how China’s overseas FDI increases its economic and political reach across the globe at the possible expense of the U.S.

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Statista (2024). U.S. annual FDI receipts from China 2000-2023 [Dataset]. https://www.statista.com/statistics/188935/foreign-direct-investment-from-china-in-the-united-states/
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U.S. annual FDI receipts from China 2000-2023

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18 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Aug 1, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

Chinese companies invested 28.04 billion U.S. dollars into firms in the United States in 2023, when measured on a historical-cost basis. The total foreign direct investments in the U.S. were valued at approximately 5.39 trillion U.S. dollars in that year. Sino-American relations FDI flows are even higher from the United States into China than the flows in this statistic. In addition to FDI, the countries are linked by billions of U.S. dollars in trade value, much of which includes integrated supply chains which see intermediate products shipped back and forth before a final product goes to consumers. This close economic relationship does not imply a political partnership, however. In fact, the countries engaged in what most analysts consider a trade war starting in 2018. China’s other options China is expanding its Belt and Road Initiative, producing infrastructure investments abroad in different parts of Asia. However, these outflows do not yet reach the values seen in this statistic, partly due to the smaller size of the target economies. Still, the majority of net overseas direct investment from China goes to Asia. This measure is slightly different because it does not give the total volume of investments, but it underscores the importance of regional ties to Chinese investors.

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