15:00 GMT +314 December 2019
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    A US 100-dollar banknote with a portrait of Benjamin Franklin and Chinese 100-yuan banknotes with portrait of late Chinese Chairman Mao Zedong are seen in the picture illustration in Beijing, China

    China's Investment in Europe, US Hits All-Time High

    © REUTERS / Jason Lee
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    China’s investment in the United States and Europe reached record levels in 2015, standing at $15 billion and $23 billion, respectively, a new report revealed Thursday.

    MOSCOW (Sputnik) — According to a report by law firm Baker & McKenzie and consultancy Rhodium Group, even though the levels of investment are at an all-time high, the values may suggest that China is investing in western economies at a slower pace, The Financial Times newspaper said.

    In 2014, investment in Europe stood at $8 billion, suggesting a 28-percent increase last year. This growth is smaller than that between 2013 and 2014. The same can be said about Beijing’s investments in the United States, according to the data.

    China's economy grew 6.9 percent in 2015, down from 7.3 percent in 2014, which is the lowest annual GDP increase in 25 years.

    The economic slowdown prompted the Chinese authorities to perform certain economic reforms, including those on currency, stock market and state-owned enterprise


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