Entrepreneurs say time is ripe to look toward UK, Europe
By Zhu Jin in Xiamen, Fujian | China Daily | Updated: 2013-09-09 07:01
Now is the best time to invest in the United Kingdom and Europe, according to Chinese entrepreneurs attending the 17th China International Fair for Investment and Trade.
Chinese companies are increasingly interested in new opportunities, particularly in infrastructure and real estate, with Hong Kong billionaire Li Ka-shing leading the way.
Cheung Kong Holdings, a company Li controls, recently announced it would sell its properties in Guangzhou for 2.6 billion yuan ($424.8 million), which insiders have said marks another step in a strategic shift of investment from China to Europe.
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