Chinese companies accelerate expansion into United Kingdom
By Cecily Liu in London | China Daily | Updated: 2016-01-16 08:34
The top Chinese firms in the United Kingdom have been accelerating their growth rate, according to the latest Tou Ying Top 25 tracker, which examines the performance of the 25 fastest-growing Chinese firms in the country.
Now in its third year, the tracker showed their total revenue in 2014 reached 35 billion pounds ($50 billion), against 25 billion pounds in 2013 and 17 billion pounds in 2012.
The group, which employs more than 2,500 people, enjoyed combined annual growth in 2014 of 44 percent, up from 38 percent (2013), which compared to UK economic growth in the year of 2.6 percent.
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