China's FDI to help US growth

Study says nation's direct investment will create employment opportunities

WASHINGTON - Political fear-mongering about Chinese direct investment in the United States could cause the US to miss out on employment and investment opportunities, according to US academics.

The warning was spelled out on Wednesday in the form of a recent study on Chinese foreign direct investment (FDI) in the US. Entitled An American Open Door? Maximizing the Benefits of Chinese Foreign Direct Investment, the study shows that increases in China's direct investment in the US in the coming decade will help economic growth and job creation in the country.