U.S.-China tensions knock 96% off of bilateral tech investment

Overall FDI fall 75% over five years, according to latest Bain and Co. report

20210917 US China Flags

Chinese companies have shifted their attention toward Europe and Africa in recent years due to an uncertain business environment in the U.S., experts say.   © Reuters

CHENG TING-FANG and LAULY LI, Nikkei staff writers

TAIPEI -- Political tensions have decimated tech-sector investment between the U.S. and China as the world's two biggest economies attempt to decouple their supply chains, according to a recent report.

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