Outbound investment in logistics, hotels to rise
By Hu Yuanyuan | China Daily | Updated: 2018-01-29 08:05
Chinese investments in the logistics and hotel sectors of economies involved in the Belt and Road (or B&R) Initiative will likely double in the coming five years, said an industry expert from Cushman & Wakefield Co Ltd.
Adam Rush, the firm's regional director of the consulting department, attributed his forecast to positive investor sentiment toward the booming global logistics segment.
From the time the B&R Initiative was proposed in 2013, participating economies have received a total of $121 billion worth of Chinese real estate investment in deals worth $5 million or more each, according to Real Capital Analytics.
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