三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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: 久久久www免费人成看片 | 高h猛烈做哭bl壮汉受小说 | 在线播放高清国语自产拍免费 | 国产在线播放免费 | 成人在线观看一区 | 日本xxx免费视频 | 全免费一级午夜毛片 | 国产视频成人 | 欧美成人免费mv在线播放 | 俄罗斯aa毛片极品 | 达达兔欧美午夜国产亚洲 | 日韩视频免费看 | 美国一级毛片免费 | 国产大尺度福利视频在线 | 无码一区二区三区视频 | 黄色一级在线观看 | 妞干网免费视频 | 色噜噜狠狠在爱丁香 | 国产成人亚洲精品乱码在线观看 | 国产制服在线 | 精品一区二区三区的国产在线观看 | 久久99国产精品久久99 | 国产三级精品三级在线专区91 | 黄色1级视频 | 国产成人精品视频2021 | 国产系列 视频二区 | 亚洲国产成人在线 | 日本在线一区二区 | 精品日韩一区二区 | 真人一级毛片 | 99久久久国产精品免费牛牛四川 | 久久国产欧美另类久久久 | 亚洲九九夜夜 | 啪啪亚洲| 亚洲在线免费免费观看视频 | 亚洲精品久久久久久久网站 | 1024jd基地手机看国产 | 久99频这里只精品23热 视频 | 国内自拍经典三级在线 | 毛片在线免费播放 | 久久久久久免费精品视频 |