Tuesday, April 12, 2016 | 4:45 PM EDT - 6:30 PM EDT
Covington & Burling LLP |, Washington, DC
The United States has received record levels of Chinese investment over the past several quarters. In 2015, deals worth over $15 billion were executed; in the first few months of 2016 alone, another $30 billion worth of Chinese investment has been announced. The accelerating activity of Chinese investors has been met with increasing wariness by U.S. lawmakers; all signs suggest that, as the election year political rhetoric ratchets up, the national discussion of Chinese investment will intensify.
On April 12 in Washington, D.C., the Committee released New Neighbors: 2016 Update, a follow-up report to our groundbreaking spring 2015 study. This important roll-out event informed our national discussion by presenting data that reveals the patterns and growing local impact of Chinese investment, including job creation and provision. NCUSCR President Stephen Orlins lead the discussion with the report's authors and other experts.
For more about the annually updated New Neighbors report, a survey and analysis Chinese investment in the United States by region, state, and congressional district, visit www.ncuscr.org/fdi.
David Fagan, Partner, Covington & Burling
co-chairs Covington & Burling’s top ranked practice on cross-border investment and national security matters, including reviews conducted by the Committee on Foreign Investment in the United States (CFIUS), and also leads the firm’s cyber and data security incident response practice. Mr. Fagan is rated by Chambers USA and Chambers Global for his leading expertise in CFIUS matters and privacy and data security, and received Law 360’s MVP for International Trade in 2014.
Thilo Hanemann is an Economist at Rhodium Group and leads the firm’s work on global trade and investment. Thilo supports the investment management, strategic planning, and policy analysis requirements of RHG clients within his fields of expertise. He is also a Senior Policy Fellow at the Mercator Institute for China Studies, Europe’s biggest China think tank, located in Berlin.
Thilo’s research focuses on new trends in global trade and capital flows, related policy developments, and the political and commercial dynamics of specific transactions. One of his areas of expertise is the rise of emerging economies as global investors, and the implications for host economies and the global economy. His most recent work focuses on the evolution of China’s international investment position, and the economic and policy implications of this new trend.