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Why Chinese investment in the U.S. has plunged

When Chinese investment in U.S. companies plunged by 83% last year, it was the result of Beijing's crackdown on capital. But it also reflected a reckoning for four Chinese titans who Beijing cut down to size, according to new research.

Data: Macro Polo; Chart: Lazaro Gamio/Axios

What's going on: Since 2008, Chinese investors have poured $122 billion into U.S. companies. Half of that — $55.8 billion — was in 2016. But last year, investment plunged to just $9.1 billion.