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Chinese enterprises expand in UK
By ANGUS MCNEICE in London |
China Daily |
Updated: 2021-02-27 13:07
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It remains to be seen to what extent the Huawei ban will affect their investment
Chinese business activity in the United Kingdom remained resilient last year despite trade tensions and pandemic disruption, a new report has shown, with the number of large UK-based China-owned businesses increasing along with the total value of Chinese investments into Britain.
The number of Chinese businesses in the UK with an annual revenue of at least 5 million pounds ($7 million) rose to 838 in 2020, up from 795 the year before, said the Tou Ying Tracker, an annual analysis of China-UK enterprises produced by accountancy company Grant Thornton UK in collaboration with China Daily UK and the China Chamber of Commerce in the UK, or CCCUK. ....

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