Global Banking & Finance Review
Global Banking and Finance Review reports on findings from King & Wood Mallesons report Branching Out: Investment Opportunities in China in 2020, which found foreign Direct Investment into China’s financial services sector will increase by 417% over the next six years to £143.2 billion (¥1.418 trillion).
The article moves on to discuss further findings in the report, namely the key sectors for investors (Life Sciences, Energy and Media & Entertainment in addition to Financial Services) and the top 10 investor countries in 2020 in comparision to 2014.
Stephen Kon, Senior Partner, Europe & Middle East, & Global Co-Deputy Chairman at King & Wood Mallesons, said: “These very significant findings reveal the vast opportunity available to foreign investors in China. As growth in Europe stagnates, the booming Chinese domestic market is driving demand for FDI to the tune of £1.3 trillion.
He continued: “With new free trade zones recently established following the Shanghai Free Trade Zone and a clear regulatory framework for inward investment created, it is an exciting time to invest in China for those with the right knowledge. A solid understanding of the regulation and cultural practices is vital to taking advantage of the overall expansion of foreign investment on offer.”