China Businesses Invest in Asean Countries

Posted by Joachim Bartels | Dec 8, 2010 | China, Country, Newsletters | 0 |

ASEAN member states have invested a total of 41.9 billion U.S. dollars in China since the country began its reform and open-up drive in late 1978, according to statistics from the Chinese Ministry of Commerce. With China’s fast development, Chinese investment in ASEAN countries increased rapidly in recent years. In a single move at the exposition, China’s Guangxi State Farms Group alone inked 42 investment projects with ASEAN enterprises, involving a total value of 19 billion yuan (2.5 billion U.S. dollars). So far more than 1,000 Chinese companies have made investment in ASEAN member countries, mainly in the sectors such as agriculture, manufacturing, mining, tourism, electricity and infrastructure construction. Source: As reported by Xinhua

BIIA Newsletter November – 2007 Issue

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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