Thursday, January 12, 2017

China Buying Everything In Europe That Isn't Nailed Down

Chinese investment in Europe reaches record high

Beijing (dpa) - Chinese outbound foreign direct investment (OFDI) soared to a record high in 2016 to reach nearly 200 billion dollars, a report said Wednesday. The European Union continues to be the favorite destination for Chinese investors, however imbalances are growing as Chinese investors spent four times as much on acquisitions in the EU last…