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New policies could boost investment in the EU

By Yao Ling | China Daily | Updated: 2019-09-11 07:19

The drastic decline in Chinese investment in Europe has aroused great concern. Data from the Ministry of Commerce show Chinese investment in the European Union in 2018 fell 13.6 percent year-on-year to $8.87 billion.

According to EU data, last year Chinese foreign direct investment in the EU decreased 40 percent year-on-year, registering a decline for the second consecutive year. And in the second quarter of this year, Chinese FDI in the EU was only $720 million, down 91 percent compared with the first quarter.

Although various factors, including rising uncertainties, have caused the investment decline, many experts say unilateralism and trade protectionism, which have affected global economic landscape, has played a key role in the decline.

New policies could boost investment in the EU

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