Home / Knowledge / News / Textiles / Overseas investments by Chinese firms leapfrog
Overseas investments by Chinese firms leapfrog
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 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Rupa Sood and Sharan Apparao

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

Mike Hoffman
Gildan Activewear SRL

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search