Foreign companies step up investment in China
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China is currently the most popular destination for foreign direct investment (FDI) in the world and will likely remain the largest destination of FDI in the next few years. Although early this year, some foreign companies and politicians complained about a worsening of investment environment in China, more and more multinaitonals are using their ambitious expansion plans in the Chinese market to prove them wrong. |
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Daimler sees China as its No. 1 market China is expected to be Daimler AG's biggest market by 2015, and the German automaker promised to increase investment in the country by 3 billion euros ($4.2 billion), said the company head. [Full story] |
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Coca-Cola Co sees fizz in China Coca-Cola announced in October the opening and near completion of three new bottling plants with a total investment of 1.6 billion yuan (US$239 million). [Full story] |
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| AB InBev brews strategy for expansion | PepsiCo builds new plant in central China | ||
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GE to invest US$2b in China R&D capacity, JVs GE CEO Jeff R. Immelt announced on Tuesday the company will invest more than $2 billion through 2012 to expand its R&D capability and set up joint ventures in China. [Full story] |
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| Pharma deal easy pill to swallow | Foxconn opens new US$2-bln plant in SW China | ||
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