Financial Times on Nostr: South Korea emerges as a top US investor as China tensions escalate ========== South ...
South Korea emerges as a top US investor as China tensions escalate
==========
South Korea's project commitments in the US reached $21.5bn in 2023, marking the first time in a decade it became the top investor; China's investments fell by a third, dropping from first in 2014 to eighth; Chihwan Kim, CEO of Samkee, noted that US companies are seeking alternatives to China, providing opportunities for Korean firms; Samkee invested $128mn in 2023 to open a factory in Tuskegee, Alabama.
#SouthKorea #UsInvestment #China #Economy #Hyundai #Samkee #ElectricVehicles #Manufacturing #GlobalEconomy #ForeignInvestment
https://www.ft.com/content/dbc8208c-7fe2-41bf-a50d-f66abc65fde6Published at
2024-09-18 04:49:27Event JSON
{
"id": "5cc2e4ac74e35fa0905594918e426c1a18cfc4d2944228d1c5d6dab9aadb89df",
"pubkey": "c92948789509bd3e38a0014feddf0afece00c5e661076402c50e95a9f8e24e0c",
"created_at": 1726634967,
"kind": 1,
"tags": [],
"content": "South Korea emerges as a top US investor as China tensions escalate\n==========\n\nSouth Korea's project commitments in the US reached $21.5bn in 2023, marking the first time in a decade it became the top investor; China's investments fell by a third, dropping from first in 2014 to eighth; Chihwan Kim, CEO of Samkee, noted that US companies are seeking alternatives to China, providing opportunities for Korean firms; Samkee invested $128mn in 2023 to open a factory in Tuskegee, Alabama.\n\n#SouthKorea #UsInvestment #China #Economy #Hyundai #Samkee #ElectricVehicles #Manufacturing #GlobalEconomy #ForeignInvestment\n\nhttps://www.ft.com/content/dbc8208c-7fe2-41bf-a50d-f66abc65fde6",
"sig": "510e3f3961edf927c6749ad1a55cafe26324f49ac711ec7772013b18a5e688adf1a154096ef4e4bbc61a62be77069f023777f82e53df9f716ff4e8bc62e7e77b"
}