China becomes top investor in Germany

 

China was the top foreign investor in Germany in 2011, ahead of the United States, Switzerland and France, the government development agency Germany Trade & Invest said on Thursday.

China invested in 158 projects, while the US invested in 110, Switzerland in 91 and France in 53, GTAI said in a statement.

Nevertheless, Europe accounted for around half of total foreign investment in Germany, the agency added.

One in five investment projects — the majority of which involved the setting up of [...]