Chinese Investment in the US Drops Sharply

New York's landmark Waldorf Astoria Hotel, pictured on June 27, 2016. The Chinese government took over Waldorf-Astoria Hotel in Feb. 2018 when it seized control of the assets of China's Anbang Insurance Group. Spencer Platt/Getty Images

WASHINGTON—Chinese foreign direct investment (FDI) in the United States declined sharply last year amid growing trade tensions with Beijing and an intensified U.S. crackdown on foreign investments.

The downward trend, which started in 2017, deepened last year, according to Rhodium Group, a research company.