Rapid increase in Chinese investment in the UK – News (Echo)

China and the United Kingdom have established strong cooperation that will continue to grow at a rapid pace. This is said Danai Kyriakopoulou, chief economist at Omfif Research Center in London.

Chinese investment in the UK has increased rapidly and will continue to increase, says Danae Kyriakopoulou, chief economist at Omfif think tank.

You speak Mandarin He has previously done an analysis of China’s investment in the UK, which indicates that it will rise in the next decade.

She believes that Japan and the United States will be the two most important countries for China in the 1920s.

There are many reasons To the fact that relations have grown strongly between London and Beijing in recent years. One is that the British government, unlike others, does not worry about allowing the Chinese to invest, for example, in British airports, nuclear power plants and other projects, says Kyriakopoulou.

Other countries are more protective.

Britain’s energy and Transport sectors are deprived and in need of investment. The problem is that the British government cannot afford to go in and invest the money on its own. China, on the other hand, has a huge amount of capital and wants to show itself in the UK. If China could put a port project in a good way here, says Danae Kyriakopoulou, it would be a perfect showcase for the rest of Europe.

– If they succeed in the UK, it gives credibility elsewhere, says Kyriakopoulou.

A sign that China is in the UK to stay is that state-owned Chinese banks have opened large branches in opulent banking mansions in central London.

Claes Aronson, London
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