Hubert Stadler, Head of the China Desk at EY Switzerland. Image provided by: EY

Switzerland among the most popular locations for Chinese investors in Europe

27 February 2024 12:13

SwissCham Hong Kong

Zurich - In 2023, Switzerland experienced a total of six corporate acquisitions or investments from Chinese investors. This puts the country in sixth place in a European comparison. Measured by investment volume, Switzerland is even ranked in third place, according to EY.

Last year, Chinese companies completed a total of six full or partial takeovers of Swiss firms, as detailed by EY in a press release. In a European comparison, Switzerland currently occupies sixth place in terms of the most popular locations for Chinese investors. In 2022, the experts from the consulting firm only recorded three corporate acquisitions and investments on the part of Chinese companies in Switzerland.

In 2023, the investment volume increased from 96 million US dollars to 196 million US dollars year on year. In this context, Switzerland ranks in third place in a European comparison behind the Netherlands and Germany. With the growth in transactions and investment volume, Switzerland is additionally bucking the European trend: The number of such transactions across Europe fell from 139 to 119 compared with 2022, while at the same time, the transaction volume fell from 4.3 billion US dollars to 2.0 billion US dollars.

“Chinese companies still very often invest in Switzerland”, comments Hubert Stadler in the press release. For the Head of the China Desk at EY Switzerland, the country’s central location and language skills mean that it is well-suited as a logistics and communications hub for the continent as a whole. “In addition, there is a low tax rate and, above all, talent and cooperation with universities and colleges in the area of research and development”, Stadler adds. ce/hs

Swiss Pavilion Digital

Previous newsletters