Japan leads record $989bn year of Asian investment in U.S.

NEW YORK -- Japan was the top source of foreign investment in the U.S. for the fifth consecutive year as Asian investment grew to a record $988.7 billion last year, according to data from the U.S. Bureau of Economic Analysis.

Japan led with $783 billion in 2023, followed by Canada with $750 billion, and then Germany and the U.K. Those figures are measured by the country of the ultimate beneficial owner -- the first entity up the ownership chain that is not majority owned by another entity.