BusinessCompany NewsLondon tops for Chinese investment

London tops for Chinese investment

15% off all Chinese FDI has gone to London since 2002

London is Europe’s top city for foreign investment from Chinese companies,
according to the
Ernst
& Young European Investment Monitor
.

Since 1997, London has attracted 34 Chinese foreign direct investment
(FDI)
projects, with 27 of these projects having been completed since 2002.

The City has attracted 15% of all
Chinese
FDI
into Europe since 2002, the highest share for any European city.

Furthermore trade between the UK and China has more than doubled over the
past five years – in 2004 alone, investment into London from greater China
totalled £120 million.

Further reading:

CIMA sets up office in China

UK businesses establishing foothold in China

Chinese institute recruits ACCA

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