China fastest growing investor in US

Updated: 2011-09-14 17:56

By Sun Yuanqing (chinadaily.com.cn)

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China's foreign direct investment in the United States is growing faster than any other countries, with investments of over $6 billion by the end of 2010, said Barry Johnson from the US Department of Commerce.

From 2005 to 2010, China's investment in the US rose by nearly 53 percent, the CRI online quoted Johnson as saying.

According to the latest report released by China's Ministry of Commerce, the nation's outbound direct investment surged 21.7 percent year-on-year to $68.81 billion in 2010.

By Sun Yuanqing