In 2019 there has been a decline in the value of China's direct investment to the US,
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In 2019 there has been a decline in the value of China's direct investment to the US, even reaching the lowest level since the 2009 recession. Likewise, the value of US direct investment to China has also decreased, despite the previously agreed Tesla mega project in Shanghai. This decline in investment is a result of tensions between the two countries. What is the impact of the decline in investment value on the balance of payments of China and the US?
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Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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