Eight major Chinese investments in UK since Brexit

Updated: 2016-07-25 18:23

By Dai Tian(chinadaily.com.cn)

4. Wanda’s London project receives domestic cash backing

Funding size: 500 million pounds (4.4 billion yuan)

Date announced: July 15

China’s conglomerate empire Dalian Wanda has secured a 500-million pounds loan from Ping An Bank for one of the most ambitious projects in London’s huge Nine Elms regeneration scheme, according to Financial Times.

The financing came as Chinese firms showed an increasing appetite for UK’s property market despite the Brexit.

Eight major Chinese investments in UK since Brexit

A projected exterior view of the 200-meter-high Wanda development in Nine Elms, London’s largest residential building site. [Photo provided to chinadaily.com.cn]

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