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Business / 2016 Top 10

Eight major Chinese investments in UK since Brexit

By Dai Tian (chinadaily.com.cn) Updated: 2016-07-25 18:23

2. Sichuan Guodong Construction pumps investments into Sheffield

Deal size: 1 billion pounds (8.8 billion yuan)

Date announced: July 21

China's Sichuan Guodong Construction Company is to invest over 1 billion pounds over the next 60 years in the northern English city of Sheffield, marking the biggest-ever Chinese investment into the UK outside London.

The initial investment will be 220 million pounds over the next three years, with projects expected to include a major hotel development, student accommodations, retail and leisure space.

The city council officially announced the deal following the return of its council leader from a visit to Chengdu, Sheffield's sister city.

Eight major Chinese investments in UK since Brexit

Meadow Hall, a department store in Central Sheffield is seen in the photo. [Photo/VCG]

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