Latest News:  


Europe attracts more Chinese investment than U.S. in two years: report


08:23, February 26, 2013

WASHINGTON, Feb. 25 (Xinhua) -- Europe has attracted twice as much investment as the U.S. from Chinese investors in the past two years for commercial opportunities and political reasons, the Rhodium Group, a U.S. consulting firm specializing in contextual analysis of macroeconomic tends in the Greater China, said in a report on Monday.

Annual flows of Chinese direct investment to the European Union (EU) increased from less than 1 billion U.S. dollars before 2008 to an average of 3 billion U.S. dollars in 2009 and 2010, before tripling to more than 10 billion U.S. dollars in the past two years, according to the report.

In the U.S., China direct investment surged from less than 1 billion U.S. dollars in 2008 to 5 billion U.S. dollars in 2010, before dropping to 4.7 billion U.S. dollars in 2011 and reaching a record high of 6.5 billion U.S. dollars in 2012, which remained below the levels seen in the EU in the past two years.

This was mostly driven by commercial opportunities resulting from the fiscal and economic crisis in the Eurozone, according to Thilo Hanemann, the research director of the Rhodium Group and the author of the report. "Chinese investors seized opportunities to buy into cash-strapped European industrials and assets promising stable long-term returns such as utilities and other infrastructure," he noted.

For example, China invested more than 5 billion U.S. dollars in EU transportation infrastructure and utilities through 2012, while the U.S. attracted close to zero investment in transportation infrastructure from China.

Hanemann also mentioned national security concerns as an important factor in affecting China's investment in the report, " Chinese telecommunications equipment firms spent more than three times as much in Europe than in the U.S., where the committee on Foreign Investment in the U.S. (CFIUS) has interfered with several deals and firms have seen their business diminished by intervention from U.S. government officials, members of Congress and the security community."

Looking forward, Hanemann believed the U.S. would remain an attractive place for Chinese companies, but the political response would be critical for future deal-making in both economies.

We recommend:

New vehicles unveiled at Canadian Int'l Auto Show

Video: Facebook targeted by hackers

Sanya duty-free shops see surging sales

Juniper buries doubts on boom

3D printing reshapes manufacturing

Hongyanhe nuclear power station in NE China

Email|Print|Comments(Editor:HuangBeibei、Liang Jun)

Leave your comment0 comments

  1. Name


Selections for you

  1. Carrier-based aircraft regiment in training

  2. Skill competition of core scouts

  3. Heavy snowfall shrouds beautiful Lake Bled

  4. Lantern Festival celebration

  5. Attractive girls at an art college's enrollment site

  6. Chinese receive Lantern Festival

  7. Buddhist monks dance at Labrang Monastery

  8. Her mighty needle sets her apart, with style

  9. IKEA stops selling meatballs for horsemeat

  10. Output growth hits 4-month low, says HSBC

Most Popular


  1. China 'firmly supports' BRICS
  2. Water quality a concern
  3. Kerry aims high in maiden foreign trip
  4. Open communication for Peninsula peace
  5. Spring Festival offers window into China
  6. Fatter red envelopes miss point of tradition
  7. Opportunities amid challenges
  8. Children deaths lead to calls for better guardianship
  9. New CPC leadership's first 100 ruling days inspiring
  10. Keeping the brand full of beans

What’s happening in China

Have you been absent during your children's childhood?

  1. Unsung Hero: Love for mother
  2. Fireworks sales fizzle during Lunar New Year
  3. China to expand organ donor system nationwide
  4. 5 injured in chemical plant explosion
  5. Police investigate toxic school uniforms