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Foreign companies continue to ramp up investment in China, underscoring market potential
Published on: 2024-05-29
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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.

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