Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America, with Chinese investment plummeting by nearly 90 per cent since President Donald Trump took office.

The falloff, which is being felt broadly across the economy, stems from tougher regulatory scrutiny in the United States and a less hospitable climate toward Chinese investment, as well as Beijing's tightened limits on foreign spending. It is affecting a range of industries, including Silicon Valley startups, the Manhattan real estate market and state governments that spent years wooing Chinese investment, underscoring how the world's two

Advertisement
Advertisement