Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

Foreign companies continue to ramp up investment in China, underscoring market potential
Published on: 2024-05-29
Share to
User Rating: / 0
PoorBest 

Foreign companies and institutions have been intensifying their investments in China since 2024, pointing to the country’s significant potential and continuing attractiveness. This trend stands in stark contrast to narratives suggesting a withdrawal of foreign capital from China.
 

In the latest development, AllianceBernstein, a global asset management company, announced on Tuesday an increase in the registered capital of its branch in China from 200 million yuan ($27.62 million) to 300 million yuan.
 

This strategy change is part of a broader trend this year, with several other foreign firms boosting their stakes in the Chinese market.
 

In April, German carmaker BMW announced an additional investment of 20 billion yuan for major upgrades and technological innovations at the BMW Brilliance plant in Shenyang, Northeast China’s Liaoning Province.
 

Another German carmaker, Volkswagen, recently held a groundbreaking ceremony for its Phase III project in Hefei, East China’s Anhui Province, marking the establishment of the company’s largest research and development center outside Germany, according to media reports.

Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2024 BusinessTianjin.com. All rights reserved.