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Sovereign Wealth Funds Briefing - Categorized | Investment

China’s investment in UK: Osborne pushes the nuclear button

Posted on 18 October 2013

The announcement that Chinese companies can take a stake in British nuclear plants was hardly a surprise: George Osborne had already told reporters that the UK welcomed Chinese investment in all its infrastructure – citing the sovereign wealth fund CIC’s existing investment in Thames Water and Heathrow.
China has massively increased investment in Europe in recent years. One study this spring, by private equity firm A Capital, found that Chinese state-owned companies invested more than $12.6bn (£7.8bn) in the continent last year: a year-on-year increase of about 20%. Cash-strapped European countries have proved relatively welcoming………………………………………..Full Article: Source


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