Chinese FDI into UK swells to $20.8b in 2017
By Cecily Liu in London | China Daily | Updated: 2018-01-18 07:59
Chinese foreign direct investment into the United Kingdom more than doubled from $9.2 billion in 2016 to $20.8 billion in 2017, despite uncertainties over Britain's pending exit from the European Union.
The figures, which were put together by law firm Baker McKenzie and research consultancy Rhodium Group, show that China's FDI into the UK grew rapidly during the past four years - from $3.2 billion in 2013.
FDI refers to greenfield investments and completed acquisitions that result in an equity stake of 10 percent or higher.
Photo