China accumulates US dollars as a result of China's trade surplus with the US. It would like to invest in the US but can't.Mish Talk
Meanwhile, the rest of the world is having second thoughts.
Foreign Direct Investment in US Goes Negative: Blame Trump's Trade Policy
Michael (Mish) Shedlock
2 comments:
“The Commerce Department said the overall increase “mainly reflected” increased investment from Europe, “primarily Ireland,”
Apple computer.... he doesn’t understand national accounting.... take an accounting course...
This is a better take:
https://twitter.com/piie/status/1044666101551058944?s=21
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