日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-Europe

Chinese direct investment into UK doubles in 2017

By Cecily Liu in London | chinadaily.com.cn | Updated: 2018-01-17 23:09
Share
Share - WeChat

Chinese foreign direct investment into the United Kingdom more than doubled in one year – from $9.2 billion in 2016 to $20.8 billion in 2017 – despite uncertainty surrounding Britain's pending exit from the European Union.

The figures, which were put together by law firm Baker McKenzie and research consultancy Rhodium Group, show that China's FDI into the UK grew six-fold during the past four years – from $3.2 billion in 2013.

FDI refers to greenfield investments and completed acquisitions that result in an equity stake of 10 percent or higher.

"We've seen a steady increase in Chinese FDI into the UK, culminating in last year's record high," said Tim Gee, London mergers and acquisitions partner at Baker McKenzie. "Weak sterling and a renewed confidence (among) Chinese investors have been key factors in driving much of this activity."

One deal that boosted the total in 2017 was the $14 billion purchase of the London-based warehouse company Logicor by Chinese sovereign wealth fund China Investment Corporation, which is known as CIC.

Logicor, which owns around 50 warehouses in the UK and other European countries, was sold to CIC by Blackstone's real estate arm.

Gee said his team expects Chinese investment in the UK to continue in 2018.

"Unlike the EU and the US, the UK has not signaled any meaningful toughening of foreign investment screening and the door is very much open to foreign investors," he said.

In comparison, the US government has rejected some significant would-be Chinese acquisitions, the most recent of which being the rebuffing this month of Ant Financial's intended $1.2 billion acquisition of US money transfer company MoneyGram International, which was blamed on national security concerns.

Meanwhile, the data shows the consistent growth of China's FDI in countries in the area covered by the Belt and Road Initiative, especially in sectors including transport, utilities, logistics, and infrastructure.

China's FDI into European countries within the Belt and Road Initiative region grew from less than $1 billion in 2015 to more than $16 billion last year.

Overall, Chinese FDI into Europe grew by 76 percent, to a total of $81 billion in 2017, thanks largely to ChemChina's record $43 billion takeover of Swiss agribusiness company Syngenta, which was completed in May 2017. Without that deal, Chinese FDI into Europe would have fallen by 22 percent, to $38 billion.

Significant European countries experiencing big year-on-year declines in Chinese FDI include Germany, Spain, and France, with declines of 84 percent, 79 percent, and 58 percent, respectively. However, these economies did experience increased activity during the second half of 2017, with more deals pending, especially in Germany and Spain.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产精品久久久久影视青草 | 两性欧美 | 玖玖在线免费视频 | 国产精品免费播放 | 国产精品久久久久影院色老大 | 欧美日韩精品一区二区在线播放 | 成人性视频免费网站 | 国产 日韩 欧美 高清 | 国产网曝在线观看视频 | 夜班护士与医生啪 | 中文字幕免费在线观看动作大片 | 91资源在线| 国产成人福利在线视老湿机 | 日韩午夜伦y4480私人影院 | 一级毛片免费播放 | 一级黄色片毛片 | 五月婷婷丁香在线观看 | 大插香蕉 | 日本一本久 | 波多野结衣精品一区二区三区 | 成人国产在线看 | 国产专区在线播放 | 欧美日一区二区三区 | 香蕉成人啪国产精品视频综合网 | 波多野结衣免费观看视频 | 妹子干综合 | 亚洲日韩在线视频 | 成人午夜电影在线播放网站 | 色婷婷综合久久久中字幕精品久久 | 一区二区三区视频在线观看 | 免费黄色的视频 | 免费看毛片网 | 亚洲免费看片 | 国产在线精品成人一区二区三区 | 欧美高清国产 | 免费精品视频在线 | 91精品久久久久久久久网影视 | 久久成人免费观看草草影院 | 亚洲高清资源 | 毛片2| 91高清网站 |