Either-Or: New Realities in the US-China Investment Relationship
Luncheon Presentation by Daniel Rosen, Founding Partner, Rhodium Group
Registration at 12:15 pm
Luncheon at 12:30 pm
Close at 2:00 pm
China’s global direct investment portfolio will stand close to $700 billion by the end of 2014, easily on track to attain the $one to two trillion forecast for 2020. Not only are advanced economies open to China’s burgeoning outbound direct investment (OFDI), but they are much more open than China is. New data confirms that annual Chinese FDI in the US, for example, now exceeds yearly American investment in China. This new reality marks a turning point for policy expectations. To date the advent of Chinese OFDI has been an encouraging sign of commercial maturation and globalization, albeit one that has unsettled some people. There is good reason to keep applauding as China goes global: but if Beijing does not reciprocate at home with access comparable to what its firms expect abroad, the good news story will sour quickly. Daniel Rosen, founding Partner of the Rhodium Group will outline the new realities in the US-China investment relationship.
Daniel Rosen is a founding Partner of the Rhodium Group, and leads the firm’s work on China. He holds visiting positions at a number of prominent American think tanks and has served as an Adjunct Associate Professor at Columbia University since 2001. Mr Rosen is the author of numerous books on China and other emerging economy topics, most recently on Chinese foreign direct investment in the US. Mr Rosen has also worked as Senior Advisor for International Economic Policy at the White House National Economic Council and National Security Council. He is a member of the Council on Foreign Relations and serves on the Board of the National Committee for US-China Relations.