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After a slow start, China has emerged as one the fastest growing sources of foreign direct investment (FDI) in the United States. To date, debates about potential national security risks from these investments have dominated headlines. However, there has been no comprehensive assessment of the impact of growing Chinese FDI on U.S. communities – until now. “New Neighbors,” a report by the National Committee and Rhodium Group, is the first in-depth study to examine and quantify the effects of Chinese capital inflows at the local level, estimating investment, operations, and jobs provision in individual U.S. congressional districts and assessing their relevance for American innovation, exports, and other economic linkages.
On May 20, 2015, the report’s authors and other experts joined NCUSCR president Stephen A. Orlins for a discussion of “New Neighbors,” including how its chief findings fit into the broader dynamics of U.S.-China relations:
Aaron S. Brickman, Senior Vice President, Organization for International Investment
Cho Tak Wong (Cao Dewang), Chairman and Founder, Fuyao Glass
Sheldon Day, Mayor of Thomasville, Alabama
Thilo Hanemann, Director of Research, Rhodium Group
Daniel H. Rosen, Founding Partner, Rhodium Group
The National Committee on U.S.-China Relations is the leading nonprofit nonpartisan organization that encourages understanding of China and the United States among citizens of both countries.