Global economic slowdown or no global economic slowdown, China's entrepreneurs are on the move
By Professor Winter Nie - June 2012
During 2004-2008, China's direct investment in Europe was less than one billion USD annually. This number increased by 200% in 2009-2010 to 3 billion dollars. A recent report issued by CICC (China International Capital Corporation, Limited) indicated that China's direct investment in Europe reached USD10 Billion during 2011, an increase of 200% year over year. It predicted that, during 2010 to 2020, China's total direct investment abroad will amount to 1 to 2 trillion USD, of which about a quarter will be in the form of M&A and strategic investment to destinations in Europe..