Chinese investment in Europe hit a 10-year low in 2020 ...Middle East

Chinese investment overseas hit a 13-year low in 2020 as major deals were put on ice due to economic uncertainty and pandemic-related travel restrictions curtailed new ones. In Europe, Chinese foreign direct investment (FDI) hit a 10-year low in 2020—the fourth consecutive year-on-year dip and a sign that Brussels’ fears of a wave of asset-buying on the cheap were unfounded.Chinese investors completed just €25 billion ($30.3 billion) of mergers and acquisitions last year, a 45% decrease from 2019, according to a new report by the US-based research consultancy Rhodium Group and the Germany-based think tank Mercator Institute for China Studies (MERICS). That assessment is based on transaction-

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Chinese investment in Europe hit a 10-year low in 2020 ...Middle East

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