Chinese money flows into UK
Updated: 2015-02-02 07:31
By Cecily Liu(China Daily)
|
|||||||||||
Fact file
・ From 2014 to 2025, a total of 105 billion pounds ($170 billion) of Chinese investment could flow into UK infrastructure and real estate sectors, including 43.5 billion pounds into energy infrastructure, 19 billion pounds into transport and other infrastructure, and 36 billion pounds into real estate.
・ Chronic under-investment in the UK has created an infrastructure need of about 500 billion pounds, more than the 383 billion pounds called for in the UK's National Infrastructure Plan.
・ China's economy is forecast to become the world's largest by 2030. Chinese savings are expected to reach $12 trillion in the coming decade, representing more than 30 percent of global savings.
Source:Pinsent Mansons and The Centre for Economics and Business Research
Related Stories
Li Ka-shing buys UK train company Eversholt 2015-01-21 11:13
Trade with UK reaches record $81b in 2014 2015-01-20 10:26
UK becomes top destination for outbound deals 2014-12-23 13:19
UK launches simplified biz visa scheme for Chinese 2014-12-12 10:18
UK rolls out red carpet for wealthy Chinese shoppers, investors 2014-12-11 07:31
Today's Top News
US taking 'fresh look' at weapons for Ukraine
New regional system set up
EU Parliament evacuated as police check suspicious car
Indian PM expected to visit President Xi's hometown
Dalai Lama-Obama meet risks Sino-US trust
Nearly 90% of cities in China don't meet air quality standard
Chinese money flows into UK
Chinese woman brain dead in cosmetic surgery in S. Korea
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Conca set to return to China |
CES: Spotlight on Chinese gadgets |
Yearender: What happened around the globe in 2014 |
National Memorial Day for Nanjing Massacre victims |
Corrupt female officials spark debate |
Blue skies ready to greet APEC |