Chinese investment in Europe slides 84% in H1


Volvo cars made in China are transported to Europe by freight trains. [Photo/Xinhua]

CHINESE investment in Europe nose-dived in the first half of this year from the same period of last year due to growing trade tension and economic uncertainty, according to a report from international consultancy group EY.

Chinese companies invested $2.4 billion in Europe in the first half of 2019, a decline of 84 percent compared with the first six months of last year, the report said.

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