When it comes to find the best place to
lay an investment, China is most likely to be the top choice
for most foreign investors, according to a survey released
in Paris on Wednesday.
More than half, or 52 percent, of international
investors questioned named China as the most attractive
country for international investment in 2005. The figure
was 37 percent in 2004.
Through the survey, the French offices of auditors Ernst
and Young found that China has a better chance than the
United States, which scored 39 percent, of becoming foreigners'
ideal destination for investment.
India, with 18 percent, and Poland, 17 percent, currently
rank as more likely than Germany, 16 percent, and Britain,
13 percent, to receive foreign investment.
In terms of regional choices, China stood third in the list
after western Europe, 63 percent, and central and eastern
Europe, 55 percent, but before the United States/Canada,
which stood at 45 percent.
Investors said they were drawn to central
and eastern Europe and China by low labor costs and better
competitive and productivity rates.
Source: Xinhua