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China, EU to keep strengthening ties in financial services sector | Hellenic Shipping News Worldwide


China, EU to keep strengthening ties in financial services sector
China and the European Union have consistently strengthened their relationship across the financial services sector since the 2008-09 global financial crisis, according to a new study, and experts believe this trend will continue to accelerate in the post-pandemic era, despite the political strains between the two powerhouses.
A joint study conducted by the Luxembourg for Finance center and PwC Luxembourg found that Chinese investment in Europe escalated from 6.1 billion euros ($7.42 billion) in 2010 to 79 billion euros in 2018, with financial services representing the second-largest investment sector.
The volume of European Union foreign direct investment in China still far exceeds China’s investment in Europe, growing at a compound annual growth rate of 6.7 percent since 2002, reaching 189.4 billion euros in 2018, with a notable increase in the EU’s FDI in China’s financial and insurance sector, ....

United States , Chris Rudd , Nicolas Mackel , Bernard Dewit , Dariush Yazdani , Market Research Centre At Pwc Luxembourg , European Union , Australia James Cook University , European Parliament , China Daily , Chinese Chamber , Pwc Luxembourg , Research Centre , Belgian Chinese Chamber , James Cook University , Berlin Wall , Eastern European , Comprehensive Agreement , ஒன்றுபட்டது மாநிலங்களில் , கிறிஸ் முரட்டுத்தனம் , நிக்கோலாஸ் மாக்கேள் , பெர்னார்ட் டேவிட் , டாரியூஷ் யாஜ்டனி , ஐரோப்பிய தொழிற்சங்கம் , ஆஸ்திரேலியா ஜேம்ஸ் சமைக்கவும் பல்கலைக்கழகம் , ஐரோப்பிய பாராளுமன்றம் ,

Chinese firms gather $3 trillion in foreign investments by year-end 2020


Chinese firms gather $3 trillion in foreign investments by year-end 2020
Bloomberg
Mutual fund assets invested with Chinese money and wealth management firms recorded a 36% year-over-year increase in 2020 to €2.44 trillion ($3 trillion).
According to a study conducted jointly by Luxembourg for Finance the country s agency for financial center development and PwC Luxembourg, assets also increased at a 23.9% compound annual growth rate in the past decade, driven by steady investments from European Union-domiciled investment funds.
European investment in Chinese securities run by Chinese firms increased at a compound annual growth rate of 10.4% over the 20 years ended in June, to €298.2 billion, the study said.
Allocations by Europe-domiciled investment funds increased as a proportion of all investments in China to 56.2% at the end of 2020, up from 33.1% at the end of 2017. ....

Dariush Yazdani , Pwc Luxembourg , European Union Domiciled , டாரியூஷ் யாஜ்டனி , பவ்க் லக்ஸம்பர்க் ,

Chinese firms gather $3 trillion in foreign investments by year-end 2020


Chinese firms gather $3 trillion in foreign investments by year-end 2020
Bloomberg
Mutual fund assets invested with Chinese money and wealth management firms recorded a 36% year-over-year increase in 2020 to €2.44 trillion ($3 trillion).
According to a study conducted jointly by Luxembourg for Finance the country s agency for financial center development and PwC Luxembourg, assets also increased at a 23.9% compound annual growth rate in the past decade, driven by steady investments from European Union-domiciled investment funds.
European investment in Chinese securities run by Chinese firms increased at a compound annual growth rate of 10.4% over the 20 years ended in June, to €298.2 billion, the study said.
Allocations by Europe-domiciled investment funds increased as a proportion of all investments in China to 56.2% at the end of 2020, up from 33.1% at the end of 2017. ....

Dariush Yazdani , Pwc Luxembourg , European Union Domiciled , டாரியூஷ் யாஜ்டனி , பவ்க் லக்ஸம்பர்க் ,