Europe a prime destination
Chinese blockbuster deals worldwide are pushing up overseas direct investment
Recent figures show that Chinese overseas direct investment, which is made by Chinese companies in other countries, rose considerably last year and is projected to catch up and eventually overtake the amount of foreign direct investment, the amount foreign companies invest in Chinese companies.
With the help of quantitative easing and robust economic recovery, emerging markets have in general increased their overseas investment activities. When the real estate bubble in the United States and several other Western economies burst during the financial crisis of 2007-08, companies in emerging economies found many businesses and projects in developed economies simply too good to resist. Some investment opportunities were attractive not only in terms of value, but were also important strategically for businesses in emerging economies wanting to expand globally.