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Chinese investment started to emerge in the US in 2007 and 2008. It continued to increase in the next 10 years or so, reaching a peak in 2016 with investment valued at billion, according to Rhodium Group, a New York-based research firm that closely follows Chinese foreign direct investment (FDI).

Chinese artificial intelligence startup Unisound has raised 600 million yuan ( million) in its C plus financing round, led by State-backed China Internet Investment Fund.

Chinese internet search giant Baidu Inc is banking on online paid knowledge services and speeding up its layout in the video content sector in an attempt to entice a new breed of users and grab a bigger slice of the booming knowledge-sharing market.

Chinese companies are looking for more than just technology, Liu Yi, president of Guangcai Group, told the US business people. His investment company has 10 billion RMB in medical funding alone.

Chinese Vice-Premier Liu Yandong has called for closer communication between young British and Chinese people involved in innovation and entrepreneurship. She made the call while attending the seventh UK-China Young Leaders Roundtable.