China maintained its magnetism for international companies last year, attracting almost $35 billion of new inward investment, according to analysis by international law firm Freshfields Bruckhaus Deringer.
Despite political uncertainties caused by the leadership handover, a spate of accounting scandals and anxieties about economic growth, investment into China rose 3% compared to 2011, reaffirming the country’s position as “the prime investment hotspot among the world’s key growth markets” during 2012.
It’s the third time during the past five years that China has been the most sought after investment destination.
“2012 turned out to be a more encouraging year for deal making, especially in the...