While U.S. politicians often fear Chinese investment stealing U.S. jobs and threatening national security, analysts paint a different picture.
People lined up to meet Los Angeles lakers star Robery horry (right) at haier at CES 2012, a consumer electronics trade show in Las Vegas, Nevada. The Chinese appliance maker employs 350 people at its south Carolina plant.
New york-based rhodium group released the latest report shows that between 2000 and 2012 of the 600 deal to China’s direct investment in the United States to support 27000 jobs, and jobs are the five copies of 10000 years ago.
The companies in question are all U.S. subsidiaries with majority stakes in China. They do not include China’s minority interests — $8bn in investment in the us over 12 years, or indirect job creation related to the construction of factories or suppliers. China steel tube manufacturer‘s new plant in Texas, for example, is expected to employ as many as 2,000 construction workers.
China’s ofdi study on employment also found that $3.5 billion in greenfield investment, or investment in new facilities, has created 8,000 U.S. jobs since 2000.
Major job creators include wanxiang, an auto-parts maker that employs 6,000 americans, mainly in Illinois. Appliance maker haier is hiring 350 people in south Carolina. Huawei, a telecoms equipment firm, and 1500 are in California, Texas and New Jersey. And a number of people, including facilities that operate in Georgia that employ more than 130 people.
The study found that Chinese investors control the majority of U.S. companies, and that 170 deals have less clear impact on U.S. companies’ mergers and acquisitions, which is “overwhelmingly positive.”
“We can’t see the evidence of asset stripping behavior, found that most of the parent company after buying American companies in China are to maintain or increase the employees,” the rhodium group, director of research at Thilo hahnemann and rhodium research analyst Adam Lysenko wrote.
Compared with the previous owner, Chinese investors especially mild steel tube manufacturer can inject money to sustain spending during the crisis, the rapid growth of the Chinese market to obtain a better opportunity, and with China’s existing business synergies and improve the value of the us. Assets.
According to the report, even if is one of the few to buy led to unemployment, nor influenced by Chinese company assets, but the value chain structure adjustment and reorganization, in response to a cost or demand changes.
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