Number of Texans on payroll of Chinese companies growing; China has $6 billion tied up in Texas

A new report described the turning tides of American-Chinese business relations.

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For decades, money flowed from the United States into the People's Republic, building factories and paying wages for manufacturing on behalf of American companies. But the one-way road appears to be widening, and Chinese firms are buying parts of America. That comes as the United States is in the process of handing off the baton of the world's largest economy. More...