China’s Presence in Britain

28 Feb

chinese investment

 

http://www.bbc.co.uk/news/uk-24473933

With the world’s second largest economy ever growing, is China moving its focus from a dominating export market to investing more overseas? It seems that Britain is one of China’s more favoured locations for investment, falling within the top ten and attracting more than double the investment than any other European nation.

The majority of China’s investment lies within the energy sector, partly due to their soaring demand for natural resources, a demand which is expected to triple by 2030.  It has also invested in companies such as Barclays bank, Thames Water and Diageo.

Increasing trade with China is particularly relevant in Southampton.  The port has recently invested £150m to improve the port’s infrastructure, and this is due to the growing trade with China. It is thought that around 60% of the activity occurring in Southampton’s port is connected to China.

 

 

http://www.bbc.co.uk/news/uk-24473933

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