- Chinese takeovers of U.S. companies have plunged this year.
- According to Dealogic, Chinese dealmaking slid 65% in 2017 as of early August, following a peak of $65.2B last year, which included HNA's acquisition of Hilton Worldwide.
- The drop comes as the Trump administration initiates an investigation into Chinese trade practices, as well as tough business and trade rhetoric aimed at Beijing.
- Previously: Bannon depicts 'economic war' with China (Aug. 17 2017)
- ETFs: FXI, ASHR, YINN, CAF, EWH, KWEB, YANG, CYB, GXC, FXP, PGJ, MCHI, HAO, CQQQ, TAO, CNY, CHIX, PEK, CHIQ, CHN, TDF, KBA, QQQC, ASHS, XPP, CNXT, CHAU, YXI, CN, FCA, YAO, CHAD, GCH, CXSE, JFC, FXCH, CHII, CHIE, ECNS, AFTY, KFYP, CHIM, EWHS, FCHI, CWEB, FHK, ASHX, CNYA, HAHA, CNHX, XINA