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Which States Get the Most Chinese Investment?

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Which States Get the Most Chinese Investment?

Which States Get the Most Chinese Investment?

Part of being a global superpower is having some money to throw around.

Want to fund a giant 80 million person megacity in the Pearl River Delta for $322 billion? Piece of cake.

Re-build the Silk Road for up to $1 trillion? Not an issue.

But China doesn’t only show off its deep pockets domestically. The country has also been extremely active on the global market, buying up everything from natural resources in Africa to luxurious real estate in Manhattan. In total, Chinese companies have spent over $1 trillion on overseas investment over the last decade, and this has only accelerated in recent years as investors seek to acquire safe haven assets abroad.

America First?

Today’s infographic comes from SCMP, and it shows where Chinese overseas investment has been going, with a particular focus on the United States between 2000 and 2016.

Cumulatively, China has put $109.5 billion into the U.S. during this time period, with about 70% of that money coming from private companies. The sectors that have received the most Chinese investment so far include real estate and hospitality ($29.5 billion), information technology ($14.2 billion), energy ($13.4 billion), and entertainment ($8.8 billion).

According to Forbes, here were the five biggest investments made in the U.S. in 2016:

1. HNA Tourism Group gets 25% stake in Hilton for $6.5 billion
This deal helps Chinese conglomerate HNA and Hilton to take advantage of China’s growing tourism market both in China and internationally.

2. Tianjin Tianhai buys Ingram Micro for $6.1 billion
This is the biggest purchase of an American information technology company by a Chinese firm so far. Ingram Micro is the world’s largest wholesaler in technology products and services.

3. Haier Group buys GE’s appliance business for $5.6 billion
Haier is a massive consumer electronics and appliances company in China, with roughly $30 billion of revenue per year. However, the company has yet to make inroads in the North American market. This made buying GE’s appliances division a very strategic opportunity for the company.

4. Anbang Insurance pays $5.5 billion for Strategic Hotels And Resorts
One of China’s largest insurance companies bought 15 luxury properties, including the Four Seasons in Washington, D.C. and the JW Marriot Essex House in New York. The deal was originally valued at $6.5 billion, but one of the hotels was dropped after security concerns were raised due to its proximity to a U.S. naval base in San Diego. That property is worth approximately $1 billion.

5. Dalian Wanda buys Legendary Entertainment for $3.5 billion
Legendary Entertainment is a Hollywood production company that has the rights to popular films such as The Dark Knight, Inception, Jurassic World and Straight Outta Compton.

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Markets

Will Tesla Lose Its Spot in the Magnificent Seven?

We visualize the recent performance of the Magnificent Seven stocks, uncovering a clear divergence between the group’s top and bottom names.

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Will Tesla Lose Its Spot in the Magnificent Seven?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In this graphic, we visualize the year-to-date (YTD) performance of the “Magnificent Seven”, a leading group of U.S. tech stocks that gained prominence in 2023 as the replacement of FAANG stocks.

All figures are as of March 12, 2024, and are listed in the table below.

RankCompanyYTD Change (%)
1Nvidia90.8
2Meta44.3
3Amazon16.9
4Microsoft12
5Google0.2
6Apple-6.7
7Tesla-28.5

From these numbers, we can see a clear divergence in performance across the group.

Nvidia and Meta Lead

Nvidia is the main hero of this show, setting new all-time highs seemingly every week. The chipmaker is currently the world’s third most valuable company, with a valuation of around $2.2 trillion. This puts it very close to Apple, which is currently valued at $2.7 trillion.

The second best performer of the Magnificent Seven has been Meta, which recently re-entered the trillion dollar club after falling out of favor in 2022. The company saw a massive one-day gain of $197 billion on Feb 2, 2024.

Apple and Tesla in the Red

Tesla has lost over a quarter of its value YTD as EV hype continues to fizzle out. Other pure play EV stocks like Rivian and Lucid are also down significantly in 2024.

Meanwhile, Apple shares have struggled due to weakening demand for its products in China, as well as the company’s lack of progress in the artificial intelligence (AI) space.

Investors may have also been disappointed to hear that Apple’s electric car project, which started a decade ago, has been scrapped.

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