Chinese investment driving growth in UK
The top 30 Chinese companies in the United Kingdom employ more than 5,000 people and have a combined annual turnover of more than 11 billion pounds ($15.4 billion), according to a report by business advisers Grant Thornton LLP.
The Grant Thornton Tou Ying Tracker was developed in partnership with China Daily and identifies the fastest-growing Chinese companies in the UK, as measured by percentage revenue growth, based on the latest published accounts filed on Oct 6, 2017. Tou ying translates to "invest UK".
Simon Bevan, head of the China Britain Services Group at Grant Thornton in London, said that since publishing the first report five years ago, Chinese investment has driven growth and created jobs in many sectors, helping to shape a vibrant economy across the UK.