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Economy

UK investors prefer China

1
2016-12-28 14:57CRIENGLISH.com Editor: Wang Fan ECNS App Download

A poll of several thousand UK financiers has revealed that they feel most positive about the potential performance of their investments in China than anywhere else in the world.

The survey was carried-out by Interactive Investor, and is cited here by specialist publication City A.M.

Apparently, 9,000 experts were asked for their opinion of where their highest equity returns will come from.

Interestingly, when compared with similar results from last year, the United Kingdom has slipped down the list to fifth place.

As we've reported extensively, the potential impacts of Brexit have yet to be fully felt, and uncertainty surrounding the UK's departure from the EU continues to concern investors.

When it comes to China's success in the survey, it's clear that British investors feel that there's great potential for continued economic growth in China over the next few years.

There are also growing financial links between the two countries. We revealed in November that a 'milestone' in creating a 'FinTech Bridge' between London and China had been reached.

The UK's Financial Conduct Authority and the People's Bank of China have apparently signed an agreement which will see co-operation over regulation of the sector, and allow start-ups and established firms easier access to markets.

This can only be good news for investors in both countries.

  

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