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French Media Said Chinese Market Increasingly Attracted Foreign Investors
2008-06-10 09:33:05

It was said by French network media (www. romandie.com) on 5 June that according to the survey released by Ernst & Young Accounting Firm on the same day, the emerging economies in the investment market, including China and Russia, had increasingly attracted foreign investors; however, Europe was still the most important market of foreign direct investment around the world at present.


It was learnt that the survey above-mentioned was based on questionnaires to 834 major global investment companies, 47% of which said that China was their future investment destination, and this ratio was in the first place, higher than that of the rest areas in the world.


The ratios of other regions were 42% of Eastern European countries, 33% of Western Europe, 30% of India and 21% of the United States, Canada and Russia respectively.


The report showed that foreign direct investment (IDE) in 2007 increased by 17.8% over the previous year, reaching USD1.537t. Among them, Europe (including the Western and Eastern Europe) had absorbed 42% of the global IDE, while China had absorbed 8%.


The report also pointed out that although IDE absorbed by China was not that much, its global IDE was expected to be significantly enhanced in the future because of the rapid economic growth of China.

 

 

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