Investment between the United States and China tumbled to a nine-year low in the first half of 2020, hit by bilateral tensions that could see more Chinese companies come under pressure to divest US operations, a research report said. Investment, both direct investment by companies and venture capital flows, between the two countries fell 16.2% to $10.9 billion in January-June from the same period a year earlier - also hurt by the coronavirus pandemic, according to figures from consultancy Rhodium Group and the National Committee on US-China Relations, an NGO. That's a far cry from half-yearly totals of nearly $40 billion seen in 2016 and 2017. Flows are unlikely to recover this year, regardless of the outcome of the U.S. presidential election, the report said.