Sunday 30 March 2014

Sino-French trade sees rapid growth for a decade

For the past decade we've seen rapid growth in trade between China and France. From 2003 to 2013, bilateral trade volume jumped from 13 billion U.S. dollars to nearly 50 billion.
France is now the fourth biggest source of investment into China from the EU. Up until 2013, there are over 4,600 investment projects from France into China. Those projects combined are collectively worth nearly 13 billion U.S. dollars.
The number of French companies in China reached 163 last year, up 15.3% versus 2012.
Recent forays into France by Chinese firms have also garnered plenty of attention. Fosun Group's purchase of a 7% stake into a French leisure group and Chinese car maker Dongfeng's investment in Peugeot Citroen were some of the big deals.
Source:  CCTV

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