Expert: China remains a place of opportunities for foreign investment

For people in the US, a popular misconception is that American business expansion in China has led to fewer American jobs, according to Craig Allen, president of the US-China Business Council. On the contrary, cultivating a strong trade relationship with China has actually boosted the American economy and employment, he said. In the last year, US exports to China alone supported nearly 1 million American jobs directly and 3 to 4 million indirectly. And for US-China Business Council members, 95 percent reported profitability for their investments in China, which means more dividends repaid to shareholders in the US, greater cashflow of capital to reinvest in businesses, Allen pointed out.