日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

Chinese FDI into UK swells to $20.8b in 2017

By Cecily Liu | China Daily | Updated: 2018-01-18 07:22
Share
Share - WeChat
A man feeds swans at Hyde Park in London, Oct 15, 2015. [Photo/VCG]

Chinese foreign direct investment into the United Kingdom more than doubled from $9.2 billion in 2016 to $20.8 billion in 2017, despite uncertainties over 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 rapidly 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 have 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, data showed consistent growth of China's FDI in economies involved in the Belt and Road Initiative, especially in sectors including transport, utilities, logistics and infrastructure.

China's FDI into European countries involved in the B&R 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.

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
CLOSE
 
主站蜘蛛池模板: 免费一级a毛片 | 日韩欧美91 | 韩国午夜激情 | 深夜视频在线观看 | 老司机黄色影院 | 91久久精品一区二区三 | 国产中文字幕免费 | 欧洲av一区 | 可以在线观看的av网站 | 免费的黄色大片 | 在线视频天堂 | 激情高潮到大叫狂喷水 | 99青青 | 国产精品一区久久久 | 成人中文字幕在线 | 综合久久综合 | 国产成人亚洲精品自产在线 | 亚洲激情网 | 日韩专区第一页 | 精品久草 | 国产一区二区三区三州 | 午夜国产精品视频 | 99久久国产视频 | 国产男女无套免费网站 | 一级特级毛片 | 青青草97国产精品免费观看 | 四虎视屏 | a级片毛片 | 欧美日韩精品一区二区 | 99精品视频在线观看 | 精品欧美乱码久久久久久 | 久久国产精品波多野结衣 | 四虎最新免费网址 | 日韩欧美在线视频播放 | 网址av | 一级黄毛片 | 韩国一区二区在线观看 | 久久久久久福利 | 爱草av| 婷婷香蕉 | 欧美一级网站 |