Economics
U.S.-China Investment Slumps as Ties Sour, Report Says
- Outcome would have been worse but for Tencent music deal
- Tensions between countries are curbing two-way investment
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Two-way investment between the U.S. and China slumped to the lowest in almost nine years during the first half of 2020 as relations between the world’s biggest two economies deteriorated to their worst in decades and the pandemic hit business sentiment.