The US fell to the sixth largest foreign investor in China in April from the third largest in March, according to the data. Photo: Reuters
The US fell to the sixth largest foreign investor in China in April from the third largest in March, according to the data. Photo: Reuters
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Trade war could cause global recession, Beijing official warns, as US investment growth in China sinks

  • US investment in China grew 7.5 per cent between January and May, year on year, a much slower pace than the 24.3 per cent recorded between January and April
  • Ministry of Commerce spokesman Gao Deng says that the trade war ‘could cause a recession in the United States and global economies’

The US fell to the sixth largest foreign investor in China in April from the third largest in March, according to the data. Photo: Reuters
The US fell to the sixth largest foreign investor in China in April from the third largest in March, according to the data. Photo: Reuters
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