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Italian investing in China up 30%

Exports grow by more than $1.3 billion, report says

05 February, 16:30
Italian investing in China up 30% (ANSA) - Rome, February 5 - Italian investments in China were up nearly 30% in 2013 after a dip in 2012, according to issued Wednesday by the Italia Cina Foundation. Italian investments equalled $316 million last year, up 28.92%, nearly making up for 36.62% less investment in 2012.

Italian exports to China grew by more than $1.3 billion over the same period, while imports showed a slight increase of $0.1 billion after a decline of about eight billion in 2012.

The interchange between the two countries increased from $41.91 billion to $43.33 billion, an increase of 3.38%, but still far from the $51.3 billion of 2011.

The report was presented in Rome at the forum "Stories of Italian Success in China" coordinated by the Italia Cina Foundation and Intesa Sanpaolo bank.

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