As trade tension mounts between the US and China, The Banker has examined the two economic superpowers’ expansion into each other’s jurisdiction in terms of financial services foreign direct investment (FDI), as well as at the growth and size of their global reach.
Between April 2018 and March 2019, $135.2m-worth of US financial services FDI reached Hong Kong but mainland China did not have one representative in the top 10 global destination cities, according to estimates from greenfield monitor fDi Intelligence.
