Chinese companies expand in the UK

chinaAccording to China Daily, Chinese companies are making great progress expanding into the UK. This is happening despite obvious challenges. These challenges relate to both Chinese companies’ need to operate in a new environment against fierce competition from local and other international companies as well as to regulatory challenges such as the difficulty of obtaining visas for Chinese employees. China Daily refers to comments made by minister counselor with the economic and commercial office at the Chinese embassy in London Zhou Xiaoming. As he says, Chinese investment in the UK grew significantly over the past few years in financial services, telecommunications and brands.