Capital Study: Chinese Investment in Europe Hits Record High

On 16 April 2013 Spiegel Online International reported that Europe has become the world's largest recipient of foreign investment by Chinese firms. While North America largely views them with suspicion, China's state-owned corporations have been largely welcomed in a continent plagued by recession and in desperate need of cash.

Chinese state-owned companies are expanding their influence in Europe, investing more than $12.6 billion (€9.6 billion) in the Continent on 2012, according to a study by the Hong Kong-based private equity firm A Capital.

• Primary Source

ESO: Background information: Iceland signs first European free trade pact with China http://www.europeansources.info/record/iceland-signs-first-european-free-trade-pact-with-china/

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