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Spirethoughts

Spire's six most recent Spirethoughts.

Drones are delivering medicine in Africa
Nigeria has entered the AFCFTA African free trade agreement, increasin...
IT investments to pour into India’s healthcare sector
The European Union-Vietnam Free Trade Agreement (EVFTA) is set to open...
Deploying Industry 4.0 technology to mitigate climate change
Deploying Industry 4.0 technology to mitigate climate change
Will cost-effective compost rejuvenate African agriculture
Will compost turn out to be the magic mineral for African agriculture?

China – Possibly the world’s investor now!

Premier Wen Jiabao says, “The nation is at an important stage of accelerating the steps it has taken to make outbound investments.” With China’s 12th Five-Year Plan (2011-15) supporting domestic companies to invest overseas, overseas direct investments are expected to soar at a double digit pace.

In 2011, Chinese direct investment into Europe had tripled to USD10 billion. As of Q1 2012, Europe was the most popular destination for Chinese ODI outside the resource sector at 83%. Companies in the early stages in global investment should invest as much as USD250 billion to USD500 billion in the European region by 2020.

China has indeed evolved from the world’s factory to the world’s investor.

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