Negotiating the U.S.-China Bilateral Investment Treaty: Investment Issues and Opportunities in the Twenty-First Century
Article from: TDM 4 (2010), in China
Introduction
The United States and China are two of the world's leading economic powers and most prominent sources of foreign direct investment (FDI). The United States continues to be the world leader for both outbound and inbound FDI, a title it has held since at least the 1970s.[1] China's outbound FDI surpassed the $50 billion mark in 2008,[2] a particularly impressive figure when one recalls that China had virtually no outward FDI until recent years and was largely closed to the outside world until the late 1970s.[3] China's inbound FDI likewise has increased drastically to more than $100 ...