{"id":9008,"date":"2021-11-21T07:30:22","date_gmt":"2021-11-21T07:30:22","guid":{"rendered":"https:\/\/focus.cbbc.org\/?p=9008"},"modified":"2025-04-23T09:48:27","modified_gmt":"2025-04-23T09:48:27","slug":"97-of-foreign-firms-say-they-will-keep-investing-in-china","status":"publish","type":"post","link":"https:\/\/focus.cbbc.org\/97-of-foreign-firms-say-they-will-keep-investing-in-china\/","title":{"rendered":"97% of foreign firms say they will keep investing in China"},"content":{"rendered":"

Ninety-seven per cent of foreign firms intend to keep investing in China, according to a survey of over 2,000 companies either doing business in China, or who intend to do so in the future<\/h2>\n

Speaking to the results of the survey, Sir Sherard Cowper-Coles, Chair of the China-Britain Business Council and Group Head of Public Affairs at HSBC, said: \u201cCompanies from the UK and around the world clearly continue to see the China market as a significant driver for the growth of their business and the global economy; for UK firms in particular, no other market is growing as quickly.\u201d<\/p>\n

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The survey was conducted by HSBC and confirms that China remains at the forefront of investors\u2019 minds owing to its sizeable market, expectations of continued economic growth, and well-developed supply chains. A total of 2,174 foreign firms participated. Of those, 19% plan to invest 25% or more of their operating profit in China, while 42% reported intended investment of between 11% and 25% of their profits. The bank also discovered that while there is a perception that manufacturing firms are leaving China in favour of lower-cost markets such as India and Vietnam, six in 10 respondents are either currently expanding their supply chains in China or plan to do so over the next year.<\/p>\n

Research conducted by CBBC has uncovered that British firms held foreign direct investment (FDI) positions worth \u00a310.7 billion in China at the end of 2019; the stock of Chinese FDI in the UK stood at \u00a335.2 billion.<\/p>\n