20.10.2015 - What does China own in the UK?
China may be the world's second-largest economy behind the US, but it has more money in the bank than any other country. Indeed three of the world's 10 biggest sovereign wealth funds are Chinese, together holding more than $1.5tn (£988bn) in assets. And despite the slowdown in the Chinese economy in the past five years, the government has been putting this money to good use, particularly so since it recovered from the global economic slowdown sparked by 2008's financial crisis. In fact, overseas investments have grown from $20bn in 2005 to $171bn last year. And, as the chart below shows, the UK is one of China's favourite places to invest...............................................Full Article: Source
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