UK Was Top Destination for Chinese Investment in Europe, Report Shows

Published on June 7, 2024

The UK has been the number one destination in Europe for Chinese investments, having received the largest amount between 2000 and 2023, according to a report published on Thursday. The report by consultancy Rhodium Group and German think tank Mercator Institute for China Studies, says the UK, Germany, and France were the “Big Three” countries in Europe in terms of attacking foreign direct investment (FDI) from China. Mergers took a nosedive in recent years amid a changing geopolitical climate and economic difficulties in China, but “greenfield investment” such as electrical vehicle (EV) projects have kept the level of Chinese FDI from falling off a cliff, and pushed Hungary to overtake the “Big Three” in 2023 and become the top European destination for Chinese FDIs....

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