Home / Knowledge / News / Textiles / Overseas investments by Chinese firms leapfrog
Overseas investments by Chinese firms leapfrog
31
Mar '11
Foreign Direct Investment (FDI) by Chinese companies in overseas markets has shown great improvement over the years and the average annual growth rate has now risen by around 70 percent.

At present, China invests around US $40 billion annually in foreign countries. In 2003, this figure stood at just $2.8 billion.

In recent years, China has become a leading force in merger and acquisitions in the world next only to the United States too. In the first half of 2010, China ranked second in the world after United States in acquiring foreign companies.

In last few years, Chinese companies have gradually changed their status from being acquired to acquirer of assets. As per a report by well-known consultancy Accenture, in the period between January 2008 and June 2010, Chinese enterprises stuck 120 overseas M&A transactions, involving more than 600 billion Yuan.

China's Ministry of Commerce recently released data regarding China's foreign investment, reveals that till date, Chinese firms have invested in 13,000 enterprises in 177 countries at a total investment of US $245.75 billion.


Fibre2fashion News Desk


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search