China's private businesses are also eyeing overseas markets, as the country's large State-owned enterprises pour money into overseas expansion and acquisitions.
Wineries in Argentina are trying to lure Chinese tourists not just with great wines but also the dazzling scenery, architectural beauty and delicious food.
Private companies accounted for nearly half of China's outbound investment in 2011, a senior trade official said on Thursday.
Lenovo NEC Holdings BV, the $175-million Sino-Japan JV formed last year, is targeting a 30 percent share of the Japanese market within three years.
Lenovo NEC Holdings BV said it plans to have a 30 percent share of Japan's personal-computer market within three years.
Hanlong, a private Chinese mining firm, on Tuesday said its lower offer in the acquisition of Australia's Sundance Resources has been accepted.
ZTE launched a workshop Monday with Almadar operator engineers, aimed at jointly improving the quality of communication and internet services in Libya.
At the heart of Europe, Germany's economy has remained strong throughout the euro crisis.
Shandong Heavy Industry Group Co Ltd, the Chinese construction machinery producer, is seeking a 25 percent stake in German fork-lift manufacturer Kion Group GmbH.
Chinese contractors in Africa are now shifting to investment in areas such as infrastructure, agriculture, and mineral and energy products.
Chinese companies are now increasingly interested in investing in ASEAN as the China-ASEAN Free Trade Agreement took effect in 2010.
Increased investment from China in recent years is now all the more important for Birmingham and the rest of the UK. The UK is now home to more than 400 companies from the Chinese mainland.
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