{"id":195738,"date":"2010-01-18T13:15:00","date_gmt":"2010-01-18T18:15:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/chinese-now-buying-more-us-assets-than-americans-buying-chinese-2010-1"},"modified":"2010-01-18T13:15:00","modified_gmt":"2010-01-18T18:15:00","slug":"chinese-now-buying-more-u-s-assets-than-americans-buying-chinese","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/195738","title":{"rendered":"Chinese Now Buying More U.S. Assets Than Americans Buying Chinese"},"content":{"rendered":"

\"hummer<\/p>\n

Chinese purchases of U.S. businesses jumped 300% in 2009, vaulting past U.S. purchases of Chinese ones for the first time. Lower U.S. stock prices plus a weak dollar probably have a lot to do with this.<\/p>\n

It’s interesting because we’re always fed the notion that China needs to buy more American things while the U.S. needs to buy less Chinese goods. Yet in fact the Chinese are buying things — long term assets (like the Hummer brand, shown with Arnie to the right), rather than the short term consumables so many Americans blow their money on.<\/p>\n

USA Today:<\/a> For the first time, Chinese investment in U.S. companies has eclipsed U.S. purchases of Chinese entities, a trend analysts say is fueled partly by depressed American assets.<\/p>\n

In 2009, Chinese buyers snapped up $3.9 billion of U.S. assets, nearly four times the level in 2008, says Dealogic, a data-tracking firm. By comparison, U.S. buyers plowed $3 billion into Chinese entities last year, down 80% from 2008.<\/p>\n

It’s too early to tell whether this pattern will hold. Chinese buyers represented only 3% of the $118.7 billion in U.S. foreign investment last year. Yet China ranked as the ninth-largest foreign investor in the U.S., and among the minority that increased its stake amid a sputtering global mergers-and-acquisitions market.<\/p>\n

Read more here ><\/a><\/p>\n

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