Chinese investment in U.S. drops, pandemic to weigh on this year's bilateral flows - report

BEIJING (Reuters) - Chinese direct investment in the United States dropped to the lowest level since 2009 last year amid bilateral tensions, and the COVID-19 pandemic will continue to weigh on investment flows between the world's two biggest economies, according to a report. By stymying dealmaking and hitting economic growth, the pandemic could dissolve the positive effects of the Phase 1 trade deal signed in January, said the report from research firm Rhodium Group and the National Committee on..