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Chinese investment in Europe break records

China’s investment in Europe and the US has reached record highs, despite the slowdown in the country’s domestic economy.

Overall, state-owned and private businesses invested an unprecedented $23bn in Europe — including Norway and Switzerland as well as the EU — in 2015 while investing $15bn in the US, according to a report by Baker & McKenzie, a lawfirm, and Rhodium Group, a consultancy.

However, the figures suggest that the pace of Chinese investment in western economies may be slowing.

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