SHAPING COOPETITION.

The pandemic has most affected Chinese-funded businesses in the consumer services and property sectors in the U.S., while financial and telecommunication enterprises were only slightly affected, and healthcare companies have made progress. During his icebreaking visit to China in 1972, U.S. President Richard Nixon was invited by Chinese leaders to recommend the best American enterprises from 10 sectors to drive economic exchanges between the two countries. In addition to state-owned enterprises such as COSCO Shipping Corp. Ltd. and Air China, private Chinese firms have also gained a footing in the U.S. market. [Extracted from the article]