Goldman, China’s Sovereign-Wealth Fund Plan Up to $5 Billion in U.S. Investments

Goldman, China’s Sovereign-Wealth Fund Plan Up to $5 Billion in U.S. Investments

Goldman Sachs Group Inc. and China Investment Corp. are taking steps to make an ample investment in U.S manufacturing and other economic sectors. These two investing giants plan to invest 5 billion dollars altogether. Although both companies still have not agreed on who will pay what, this is an excellent sign for U.S & China international business relations. This deal is one of many agreements that the Trump administration will announce with China’s president, Xi Jinping on Thursday. Both governments have been critical of each other’s foreign investments in the past, and this should work as a stepping stone for future relations and more business opportunities.

 

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