UK attracted USD 1.6bn investment from China in first half of 2018: Report

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By Accommodation Times News Services

SHANGHAI:

TMF Group and China-Britain Business Council (CBBC) today jointly released a white paper -China-UK Investment: Strategies for success in the new ‘golden age’. Based on research and the views of experts, the paper examined the present and future prospects and challenges of Chinese investment in the UK and what promises to be a new special relationship.

The paper argues that the UK is attractive to Chinese companies with global ambitions. As a major international financial centre and the world’s biggest foreign exchange trading hub, London plays a key role in China’s push to internationalize its currency, the renminbi, and for its banks and financial institutions to expand globally. Other factors underpinning the UK’s appeal as an investment destination have been that it is a traditional defender of free trade, has a liberal economic environment, and currently has a relatively weak currency.





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