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DatabankJanuary 2 2017

Hong Kong takes bulk of Chinese IFC investment

Hong Kong was the leading IFC for investment from mainland China between 2011 and 2016, in which time China itself pulled in a whopping $20bn from other IFCs, led by London. Silvia Pavoni reports.
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Hong Kong leads the table of financial centres that have received the largest volumes of foreign direct investment (FDI) from mainland China in the five years between November 2011 and October 2016, according to estimates by greenfield investment monitor fDi Intelligence. Mainland China poured a total of $902m into what is often considered its main offshore centre.

London is a relatively distant second with $598.5m, followed by Singapore and, a further large step down, New York. The remaining positions of the top 15 table offer an interesting mix of Asian, Australian and European centres. In addition to the more established international hubs of Paris and Luxembourg, Budapest, Rome and Lisbon attracted strong levels of investment and occupy the last three places in the list.

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Silvia Pavoni is editor in chief of The Banker. Silvia also serves as an advisory board member for the Women of the Future Programme and for the European Risk Management Council, and is part of the London council of non-profit WILL, Women in Leadership in Latin America. In 2019, she was awarded an honorary fellowship by City University of London.
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