Cayman Islands among China’s largest foreign investors
In accordance with a report from China Daily, companies in the Cayman Islands are among the largest foreign investors into China in the 1st 8 months of the year. Cayman’s investment into China accounted for USD 1.51 billion.
Top-10 provided by the report looks the following way:
1.Hong Kong – USD 14.1 billion;
2.the British Virgin Islands – USD 9.91 billion;
3.the Republic of Korea – USD 2.46 billion;
4.Japan – USD 2.25 billion;
5.Singapore – USD 1.64 billion;
6.the United States – USD 1.63 billion;
7.the Cayman Islands – USD 1.51 billion;
8.the Samoan Islands – USD 1.12 billion;
9.Taiwan – USD 952 million;
10.Mauritius – USD 753 million.
The total foreign investments into China accounted for USD 41.95 billion. The 10 above-mentioned countries accounted for 86.55% of all foreign investment into China in the 8 months of 2007.
To conclude, the largest investors into China are some of the most successful offshore financial centres such as the including the Cayman Islands, Hong Kong and the British Virgin Islands.