Chinese president Xi Jinping is staying at Buckingham Palace and having lunch with Queen Elizabeth II on Tuesday, but China’s recent investment behavior indicates that the UK might not derive the economic benefits it’s looking for by rolling out the… Read More>>
Queen of England in Real Estate JV with Chinese Govt to Buy Mall
The Crown Estate, which manages the Queen of England’s real estate assets, announced late last week that it had joined with an investment-arm of the Chinese government to buy a shopping centre in the UK for £345.5 million ($576.76 million).
Cameron says China’s Wanda to invest up to $5B in UK
Dalian Wanda, the property developer headed by China’s richest man, plans to invest up to 3 billion pounds ($5 billion) in regeneration projects in Britain, Britain’s prime minister said on Friday.
Prime Minister David Cameron unveiled the investment after meeting Dalian Wanda’s chairman Wang Jianlin in Davos this week. It comes after Cameron led the largest-ever British mission to China last December that involved about 100 business people.