Author Topic: What does China own in Britain?  (Read 419 times)

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Offline EC

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What does China own in Britain?
« on: October 14, 2013, 02:12:59 AM »
Via the BBC: http://www.bbc.co.uk/news/uk-24473933

Quote
As the world's second largest economy, the fastest growing economy in the G20 and with more than a trillion dollars sitting in various sovereign wealth funds, China has quite a bit of cash to invest.

And as the chart below shows, in recent years it has begun loosening the purse strings - in 2005, the Chinese government and Chinese companies collectively invested about $17bn (£11bn) in global assets, according The Heritage Foundation. Last year they invested almost $130bn.

That sounds like a lot of money, but in the context of global world trade or the economic output of developed economies, it is small change. For example, the total amount of money invested by China into Britain over the past nine years amounts to just 0.7% of the UK's total GDP in 2012.


Much more at link.

The raw data used to prepare this article can be downloaded from the Heritage Foundation:

http://www.heritage.org/research/projects/china-global-investment-tracker-interactive-map
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