Eight major Chinese investments in UK since Brexit
Updated: 2016-07-25 18:23
By Dai Tian(chinadaily.com.cn)
2. Sichuan Guodong Construction pumps investments into Sheffield
Deal size: 1 billion pounds (8.8 billion yuan)
Date announced: July 21
China's Sichuan Guodong Construction Company is to invest over 1 billion pounds over the next 60 years in the northern English city of Sheffield, marking the biggest-ever Chinese investment into the UK outside London.
The initial investment will be 220 million pounds over the next three years, with projects expected to include a major hotel development, student accommodations, retail and leisure space.
The city council officially announced the deal following the return of its council leader from a visit to Chengdu, Sheffield's sister city.
Meadow Hall, a department store in Central Sheffield is seen in the photo. [Photo/VCG]