China increases its influence on the US economy

29.10.2015 / 21:13

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The strengthening dollar and weak oil prices were the key themes of the first half of 2015, but the summer brought China to the fore.

China is no longer just a source of cheap products and semifinished goods but is now a promising market for a range of products and services. The increased attention from U.S. investors is also a reflection of how much more important China has become for U.S. companies.

U.S. companies in the energy, metals and mining, chemical, steel, car manufacturing, and gambling businesses have long engaged with China. Now, a growing number from the restaurant, retail, cable and media, and diversified technology sectors are also generating substantial portions of their revenue there, leaving American corporations much more exposed to shifts in the country’s economic cycle.

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China increases its influence on the US economy

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