撤离中国?——基于美国对华投资的研究  

Divesting from China? Research Based on US Investment in China

作　　者：司春晓 罗长远[2] SI Chunxiao;LUO Changyuan

机构地区：[1]复旦大学经济学院 [2]复旦大学世界经济研究所

出　　处：《当代美国评论》2021年第1期64-85,125,共23页Contemporary American Review

基　　金：国家自然科学基金(项目编号:71873037);复旦大学理论和应用经济学高峰计划项目的资助。

摘　　要：本文基于美国对华直接投资的视角,考察了在美国制造业回流趋势下的美国对华撤资问题。本文认为,美国对华投资近年来在总体上呈现温和回升的趋势,但仍受到未来经济环境的不确定性影响,在投资结构上呈现出向服务业和中国中西部地区转移的趋势,利润再投资成为美国对华直接投资的主要方式。本文进一步就美国大规模减税政策和中美贸易摩擦的影响进行了分析,研判美国对华撤资可能产生的影响,并探讨美国对华直接投资的演变趋势。Based on the perspective of US Investment in China, this article investigates the issue of US divestment in China under the trend of US manufacturing re-shoring. This article finds that US investment shows a moderate upward trend and is still affected by the uncertainty of the future economic environment. The US investment structure in China has shown trends of shifting to the service industry and to central and west regions, while reinvestment of earnings has become the major way of US investment in China. This article takes further analysis of the influence of US Tax Cuts and Jobs Act and Sino-US trade friction, then studies the possible impact of US divestment in China, and discusses the evolution trend of US investment in China.

关 键 词：美国对华投资 制造业回流 外商撤资 中美关系 中美贸易摩擦 

分 类 号：F832.6[经济管理—金融学] F171.2