Whether Fed Raises Rates or Not, China Will Pour Money Into U.S.
- China's investment in U.S. rose 35.9% this year through August
- Minister: Fed to have `limited impact' on outbound investment
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Chinese investment into the U.S. will grow strongly regardless of the Federal Reserve’s decision on interest rates, a senior Chinese trade official said.
The comments came as the Fed meets to decide whether to raise rates for the first time in nine years and ahead of Chinese President Xi Jinping’s state visit to the U.S. next week.