China Investors Made Record Allocations In Europe And U.S. In 2015: Baker & McKenzie

Photo courtesy of ChinaFotoPress.

“Chinese investment in Europe and the United States hit a record high in 2015, according to a report released by law firm Baker & McKenzie on Thursday,” Xinhua reports.

Just in 2015 China allocated:

• US$ 23 billion into Europe,
• US$ 15 billion into America.

The top three investment destinations in Europe were:

1. Italy,
2. France,
3. and the U.K.

On the other hand in America the most attractive states were:

1. New York,
2. California,
3. and Texas.

Chinese investments dominated the following sectors:

• the real estate,
• automobile,
• finance
• and information technology.

According to Xinhua:

Chinese companies have entered hi-tech and high-end manufacturing through acquisition of well-known companies. They have aimed for long-term returns through investment in housing and infrastructure to cushion the risks of economic slowdown in China, it [report] said.