Standard & Poor's possible downgrade of India's investment status "reflects some of the current problems India is having," U.S. Ambassador to India Nancy Powell said Friday at Asia Society Studios in New York.
U.S. companies recieved $5 billion in Chinese investments in 2010, but it "may be only the beginning of a tidal wave of direct Chinese investment in American businesses," James Flanigan wrote yesterday in a New York Times article on Asia Society's recently released special report, "An American Open Door?"
Asia Society takes no institutional position on policy issues and has no affiliation with any government. All views expressed in its publications and on its website are the sole responsibility of the author or authors.