Hate him or love him, it is hard
to deny the impact that the election of Donald Trump as
president has had on the relationship between the US and China.
In the years following his first imposition of tariffs on
China, their swift retaliation, and the significant ramping up
of the regulatory regime in place to protect US technology and
national security, tensions have escalated to never-before-seen
levels.
Between the back and
forth of tariffs on imported goods, known the world over as the
trade war, and the inclusion of the Foreign Investment Risk
Review Modernization Act (Firrma) into the Defence Bill in June
2018, it is no surprise that deal flows, investments and trade
between the two countries have all slowed
significantly.
Data provided by economic research firm Rhodium Group
suggested that foreign direct investment (FDI) into the US from
China has fallen by as much as 90% since 2016 –...