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Tue 05 May 2004US invested over twice as much in Ireland as in ChinaUS investment in Ireland in 2003 was more than 2½ times greater than American investment in China, and profits of US companies in Ireland in the same year surged by 45 per cent. Conor O'Clery, North America Editor, reports from New YorkThese are among the findings of a report on the transatlantic economy, which concludes that despite political differences over Iraq, 2003 was a year of "economic boom" in US-European relations.