Investors 'must be alert to US risks'

The United States may benefit from more Chinese investment as the European Union remains mired in debt problems, but domestic enterprises should remain alert to potential risks, experts warned at a forum on Thursday.

"It is certain that some investment that was meant to enter the European market is now flowing to the US," said Liu Debing, board chairman of China General Consulting and Investment Co Ltd, one of the first overseas investment advisory bodies to be established in China.

However, Chinese enterprises should be "prudent" when investing in the US because of economic uncertainties and possible bias against Chinese companies, Liu suggested in the forum organized by the China Center for International Economic Exchanges and Harvard Business School.