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Article: LONDON RANKS MOST POPULAR CITY IN EUROPE FOR CHINESE COS.
- Article from:
- AsiaPulse News
- Article date:
- September 11, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(Full text of a statement. Contact details below.)
LONDON--(BUSINESS WIRE)--Sept. 10, 2006--London ranks as the most popular destination for Chinese companies expanding into Europe according to the Ernst & Young European Investment Monitor.
The news comes from Think London, the foreign direct investment agency for London.
Figures show that since 1997, London has attracted 34 Chinese foreign direct investment (FDI) projects, with 27 of these projects having been completed since 2002.
London attracted 15% of all Chinese FDI into Europe since 2002, the highest share for any European city.
"London is seen by Chinese companies as a ...
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