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A deteriorating bilateral relationship and growing regulatory scrutiny have changed the trajectory of capital flows between the United States and China over the past three years. The COVID-19 pandemic threatens to further disrupt\xa0two-way\xa0investment, as weak Chinese consumption and supply chain risks make\xa0U.S.\xa0companies re-think their China footprint, and Chinese investors face continued headwinds from domestic restrictions on outbound capital flows and U.S.\xa0regulators wary of opportunistic foreign buyers.

The National Committee held a virtual event with report authors\xa0Thilo Hanemann\xa0and\xa0Daniel Rosen,\xa0both of Rhodium Group;\xa0Ker Gibbs, president, AmCham Shanghai;\xa0Rebecca Fannin,\xa0founder/editor, Silicon Dragon Ventures; and National Committee President\xa0Stephen\xa0Orlins\xa0to launch our new\xa0Two-Way Street: 2020 Update\xa0report and discuss the latest two-way investment data and analysis\xa0on\xa0May 11, 2020.