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Asean & Global Updates
POSTED | 10:13 AM | 06-11-2014

VN manufacturing sector attracts Chinese investors

Major Chinese investors have shown growing interest in Vietnam's manufacturing sector because of the country’s low labour costs and its proximity to China, according to a white paper published by the real estate consultancy firm Cushman & Wakefield.

The report, China's Outbound Boom: The Rise of Chinese Investment in Global Real Estate, notes that China has emerged as a major global exporter of capital in recent years, with Chinese outbound real estate investment growing rapidly.

Chinese investors prefer developed and mature markets in Asia, North America and Europe.

Data indicates that Chinese outbound investment in commercial property reached a total of about US$33.7 billion from 2008 to June 2014, growing more than 200-fold during that time.

Recent huge and highly publicised real estate deals around the world highlight the growing presence of Chinese investors in overseas property markets, says the report.

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