(1888PressRelease)
March 15, 2008 - Sources close to Fosse Financial say that the European financial advisory firm, recently reported that foreign investment in China had risen by nearly 40% in the last month, compared to a year ago to $6.9 billion.
A spokesperson for Fosse Financial apparently commented that the sharp rise in foreign interest in China could be largely attributed to the fact that foreign companies are looking to China to help drive sales as growth in the United States and elsewhere slows. The Fosse Financial spokesperson went on to add that foreign companies are now, more than ever budgeting significant amounts for factories and service industries aimed to serve the increasingly prosperous Chinese consumers.
Sources say that Fosse Financial’s report by Fosse Financial analysts and researchers also revealed that China’s leaders are still attempting to draw investment to high-technology projects in industries such as computer chip manufacturing and telecommunications.
