China’s continuous investment and efforts in the greater region around Asia are finally paying off, and investments are flowing in within the whole of Asia. While China has long been considered as one of the best regions for investments, investors are diversifying their portfolios and heading towards more developing markets in search of better output.
The One Belt and Road initiative has seen massive investment in Southeast Asian markets by China, and these investments have opened doors towards further interest from other third-party investors.
Such is the growing investor interest in Southeast Asia that investors have ranked it above China as the best investment zone as far as returns are concerned. The ongoing trade war between America and China has put the rapport of the world’s second largest economy into doldrums. Considering investor skepticism when it comes to investing in China currently, investors have gone towards greener pastures in Southeast Asian nations.
These revelations were made in a recent poll conducted to find out the areas where investors are more likely to invest in the coming future. Around 39 percent of all investors polled in this survey mentioned that Southeast Asia offered the best returns on their investment currently. 35 percent voted for China because the country is powering the change across much of Asia and is the building block for Asia’s prowess across the globe. 16 percent of all respondents in the poll mentioned the United States as a safe investment zone.
While China still has the trust of over 35 percent investors, the number is down from the 55 percent figure it was last year. Even with the investor confidence in China falling down, the country has made sure that investors remain nearby and don’t cross oceans towards United States.
The One Belt and Road initiative has helped in the progression of countries like Vietnam and Indonesia, which offer amazing investment opportunities currently.
“We surveyed CEOs across the region where they wanted to put their money in the next 12 months. For two years in a row, Vietnam has come out on top. This has much to do with what is happening around the world, and that some CEOs are making adjustments to their supply chain in response to the current environment,” mentioned Raymond Chao, who is the Asia-Pacific and Greater China chairman at PwC.
The One Belt and Road setup has played a massive role in the emergence of Southeast Asia as a region that can be considered as one of the best investment zones across the world.
International Presence of Renminbi