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Will China Save the American Economy?
Dewang visits this Ohio town because it’s the home of the American factory he built for his Chinese company, Fuyao Glass. He spent $700 million in 2014 to rehabilitate a shuttered General Motors plant, where Fuyao now makes automotive glass that it sells to U.S. automakers. Fuyao employs 2,000, the majority of whom are Americans. “This place could be the next General Motors if it’s done right,” an employee named Larry Yates, who worked at the GM plant for 25 years, told me. “I want to see them do well and succeed.” Hundreds of Chinese executives work here, too, and, having brought their families from China, are buying homes and cars and enrolling their children in local schools.

Chinese investors are investing heavily in the United States. In 2016, Chinese businesses spent $46 billion on foreign direct investment in the United States, a threefold increase from the $15 billion they spent in 2015, according to the Rhodium Group, a research firm that analyzes global investment trends. Chinese-owned firms now support more than 140,000 jobs nationwide, nine times as many as in 2009.
china  usa  investors  investment  society  work  2017 
yesterday by Frontrunner
Things I wish someone had told me before I started angel investing by Ron Garret (Rondam Ramblings, 7/16/2017)
make a product that fills a heretofore unmet market need, and to do it better, faster, and cheaper than the competition
investing  angel  investment  startup  startups 
3 days ago by davidkoren
Abacus Group - Hedge Fund Technology
Trusted IT Solutions for Investment Management Firms
investment  software  finance  ml  USA 
3 days ago by shalmaneser

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