Dragon tells tale of a shift in business
By Zhang Chunyan | China Daily | Updated: 2014-02-24 07:34
China's privately owned companies are following their State-owned and sovereign wealth fund counterparts in overseas direct investment in Europe.
"Chinese private firms almost doubled their investments in Europe from $964 million to $2 billion in 2013," says Andre Loesekrug-Pietri, chairman of the Hong Kong private equity firm A Capital.
A study by A Capital is a comprehensive investigation into Chinese investment. Its Dragon Index has become the reference indicator for Chinese investments worldwide and a key index for the globalization of the Chinese economy.
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