The report on institutions’ investment trend issued on June 17 by the internationally renowned KPMG Public Accounting Firm revealed that China will surpass US in the coming 5 years and become the most attractive country in the eyes of institutions’ investors, especially in such fields as IT & T, industrial products and mining.
The report is aimed at investment strategies makers of more than 300 large multinational companies in 15 key economic regions. The results revealed that China attracted the investment of 17% visited institutions mentioned in the report and the number is expected to rise to 24% in 2013 or 2014. Compared with this, the investment shares US holds will fall to 23%, down 4 percentage points after China. US will also lose its dominant advantages in industries including mining, industrial product manufacturing and IT & T industry while China has taken the lead in such fields.
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