Consultant News
Latest Consulting News Consulting Times
 
 
In the News news icon
menu item  Free Psychic Chat No Credit Card
menu item  Accenture
menu item  Arthur D. Little
menu item  A.T. Kearney
menu item  Bain & Company
menu item  BearingPoint
menu item  Booz Allen Hamilton
menu item  Boston Consulting Group
menu item  Capgemini
menu item  CSC
menu item  Deloitte
menu item  EDS
menu item  Ernst & Young
menu item  IBM GS
menu item  McKinsey
menu item  PA Consulting
menu item  Roland Berger
Consulting Times Editions
menu item
    2009 Archive
    2008 Archive
    2007 Archive
    2006 Archive
    2005 Archive
transparent gif
  The majority of Chinese enterprises that have invested in the EU plan to make future additional investments in the EU, with 82% planning to invest higher amounts than their current investments.

Chinese investors bullish on European future

Chinese companies operating in the EU will be increasing their investments and looking to further engage in M&A; in order to serve the European market and acquire technology, brands and expertise to improve competitiveness, according to Chinese Outbound Investment in the European Union, a survey released today by the European Union Chamber of Commerce in China, in cooperation with KPMG and Roland Berger Strategy Consultants.

The EU is perceived by Chinese investors as a stable environment with advanced technologies, skilled labour and a transparent legal environment. In addition, it is perceived as welcoming to foreign investment; with few market access barriers and little history of opposition to Chinese investment on national security grounds.

The European operating environment is not, however, regarded as particularly easy to navigate; with the majority of respondents reporting encountering operational obstacles. The major impediments identified include difficulties in obtaining visas and work permits for Chinese employees, and problems dealing with European labour laws. Understanding the EU market is also a key concern, due to the lack of uniform legislation over the region of 27 member states and 23 official languages.

Recommendations made by Chinese enterprises to European policy makers focus on these operational issues, with notably few making recommendations relating to market access in the EU. This sharply contrasts with the main recommendations of European businesses operating in China as communicated in the European Chamber’s annual Position Paper.

Davide Cucino, President of the European Chamber commented, “Greater Chinese investment in the EU is a positive trend and this survey clearly shows that Chinese companies face few regulatory market access barriers in Europe. This contrasts to the situation for European companies in China where a lack of market access massively restricts the areas where EU industry can operate. We look forward to further opening up in China to address this market access asymmetry and to attract more FDI.”

Thomas Rodemer, Partner, KPMG stated, “Through its Global China Practice, KPMG has helped several Chinese companies enter, expand, and build a presence in Europe. The study results are in line with KPMG’s observations that Chinese companies invest in Europe primarily to sell their goods and services in the EU market. They are confident about their future in Europe and intend to increase their presence.”

Charles Edouard-Bouée, Member of Global Executive Committee, President of Asia, Roland Berger Strategy Consultants said, “Europe is now a full part of the investment strategy of Chinese companies. Our work with them demonstrates that this is a top priority for them as well as a true operational challenge.”

 
Search news icon
advanced search  
search
transparent gif 
©2003-2009 Consultant-News.com
ConsultancyRoleFinder.com | ConstructionRoleFinder.com
ExecutiveRoleFinder.com | EngineeringRoleFinder.com | TopITconsultant.com
Home  |  Contact Us  |  Privacy Policy  |  Terms of Use