President Donald Trump has decided against using much-anticipated new measures to restrict Chinese access to US technology and instead will use existing tools, according to a White House announcement this morning.

The United States is a top destination for Chinese overseas investment, as private-sector investors seek opportunities in commercial real estate, hospitality, and information and communications technology (ICT), according to the latest figures from the Rhodium Group and American Enterprise Institute (AEI). Chinese investment in the real estate and hospitality sector rose by 38 percent from FY2014 through the first half of 2015, and accounted for the majority of Chinese investment in the United States thus far in 2015.