Monday, May 20, 2019

"France now more attractive to foreign money than China"

From Connexion, May 14:

France is now more attractive than China for foreign investment, according to an annual classification of the top five most attractive investment countries worldwide.
This was the first time that France has entered the top five on the annual Foreign Direct Investment Confidence Index by US management and consulting firm A.T. Kearney, beating China in the rankings by two places.

The country’s rating sharply improved following the election of Emmanuel Macron as President, and does not appear to have been badly affected by the gilets jaunes movement.
France came in fifth place, up two from last year.

The report said: “Confidence in the French economy strongly improved after the election of Emmanuel Macron in 2017, and has not been affected by the gilets jaunes movement. France remains competitive.”

For the seventh year in a row, the United States has come out on top, due - A.T. Kearney said - to its “vast domestic market”, “competitive fiscality” and “technological capacity”.

The US is followed by Germany and Canada; and in fourth place - as in previous years - is the United Kingdom, despite the delays and continued uncertainty over Brexit. Japan took sixth place....MORE