Overseas Investments Reach New Heights
According to the United Nations, companies in the United States are investing more of their money overseas in amounts totaling more than $640 billion this past year. The U.N. expects investments to go even higher this year.
The reason for the surge is due, in part, to an increase in U.S. mergers and acquisitions, as well as developing relationships with countries who need an influx of cash.
Among Asian countries, China was the most popular investment source, reaping approximately $45.5 billion last year. However, Russia experienced a decrease in investments by 60 percent.