Rhg dhr philadelphia 13jan2017

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2

200

12%

Chinese Outward FDI Flows, USD billion (Left Axis)

180

10%

160

China's Share in Total Global Outward FDI Flows, % Share (Right Axis)

140

8%

120 100

6%

80 4%

60 40

2%

20

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

1989

1988

1987

1986

1985

0%

1984

0

Source: PRC Ministry of Commerce (MOFCOM), United Nations Conference on Trade and Investment (UNCTAD); *2016 data points are estimated based on available monthly data points on non-financial OFDI from January to November 2016.

3

250

2500

Chinese Global OFDI Stock (Right Axis) Projected Chinese Global OFDI Stock (Right Axis) 200

2000

Chinese Global OFDI Flow (Left Axis) Projected Chinese Global OFDI Flow (Left Axis)

150

1500

100

1000

50

500

0

0 2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Source: SAFE, Rhodium Group; *2015-2020 data based on projections by Li Keqiang, available at http://bit.ly/1ODFP0s.

4

50,000 45,000 40,000

US

35,000

EU

30,000 25,000 20,000 15,000 10,000 5,000 0 2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Source: Rhodium Group. *Data are preliminary and subject to adjustment. A detailed explanation of sources and methodology can be found at http://rhg.com/interactive/china-investment-monitor

5

50,000 45,000

Value of Greenfield Projects (Right Axis)

40,000

Value of Acquisitions (Right Axis) 35,000 30,000 25,000 20,000

15,000 10,000 5,000 0 2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Source: Rhodium Group. *Data are preliminary and subject to adjustment. A detailed explanation of sources and methodology can be found at http://rhg.com/interactive/china-investment-monitor

6

48,000 44,000 40,000 36,000 32,000 28,000 24,000 20,000 16,000 12,000 8,000 4,000 0 2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Source: Rhodium Group. *Data are preliminary and subject to adjustment. A detailed explanation of sources and methodology can be found at http://rhg.com/interactive/china-investment-monitor

7

Source: Rhodium Group. *Data are preliminary and subject to adjustment. A detailed explanation of sources and methodology can be found at http://rhg.com/interactive/china-investment-monitor

8

100,000

Chinese Company AVIC Fosun Fosun HNA Group Leyard Optoelectronics

US Subsidiary Henniges Automotive Meadowbrook Insurance Ironshore Insurance Red Lion Hotels Corp.

Planar Systems

90,000

Estimated Jobs 1,500 900 550 850 500

80,000 70,000 60,000

Chinese Company Faraday Future Volvo (Geely) Tranlin Paper Keer Group Yuhuang Chemical

US Subsidiary Factory in Nevada Factory in South Carolina Factory in North Carolina Factory in North Carolina Methanol plant in Louisiana

Projected Jobs 4,500 2,500 2,000 500 400

50,000

40,000 30,000 20,000 10,000

0 2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

Source: Rhodium Group. *Data are preliminary and subject to adjustment. A detailed explanation of sources and methodology can be found at http://rhg.com/interactive/china-investment-monitor

9

1. Energy

$14 bn

2. Real Estate and Hospitality

$13 bn

3. ICT

$11 bn

4. Ag and Food

$7 bn

5. Ent., Media, and Education

$4 bn

6. Financial and Bus Services

$4 bn

7. Automotive

$3 bn

8. Health, Pharma, and Biotech

$3 bn

9. Chemicals, B Materials , Metals

$2 bn

10. Consumer Products & Services

$1 bn

Source: Rhodium Group.

10

1. ICT

$31 bn

2. Chemicals, Materials and Metals

$29 bn

3. Energy

$23 bn

4. Automotive

$21 bn

5. Financial & Bus, Service

$21 bn

6. Machinery

$19 bn

7. Ag and Food

$17 bn

8. Real Estate and Hospitality

$16 bn

9. Health, Pharma, and Biotech

$14 bn

10. Consumer Products & Services

$12 bn

Source: Rhodium Group.

11

10,000 9,000 8,000 7,000 6,000

5,000 4,000 3,000 2,000 1,000 0 2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Source: Rhodium Group. *Mid-Atlantic region refers to Delaware, DC, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. Data are preliminary and subject to adjustment. A detailed explanation of sources and methodology can be found at http://rhg.com/interactive/china-investment-monitor

12

Source: Rhodium Group. *Mid-Atlantic region refers to Delaware, DC, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. Data are preliminary and subject to adjustment. A detailed explanation of sources and methodology can be found at http://rhg.com/interactive/china-investment-monitor

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1. WH Group (Shuanghui) 2. Jinjiang 3. ICBC 4. Fosun 5. Wuxi PharmaTech 6. Bank of China 7. China Construction America 8. Lenovo 9. Haier 10. CITIC

Source: Rhodium Group. *Data are preliminary and subject to adjustment. A detailed explanation of sources and methodology can be found at http://rhg.com/interactive/china-investment-monitor

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RANK COMPARED TO REST OF THE US: TOTAL NVESTMENT

30

Semiconductors

20

Transportation Services

Consumer Electronics Software and IT Services

Rubber Products 10

Food Minerals

-25

-20

Automotive OEM and Components

-15

-10

-5

Consumer Products and Services

0

-10

Real Estate

Industrial Machinery,Coal, Oil & Gas Equipment and Tools

Pharmaceuticals

Aerospace

0 5

10

15

20

Healthcare and Medical Devices

-20

-30

Utility & Sanitary Services

-40

RANK COMPARED TO REST OF THE US: NUMBER OF DEALS Rhodium Group: Chinese FDI in California Study, Governor’s Investment Mission Planning Report

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