Follow Ireland Investment Immigration and Ireland's Economy: According to a report by the Irish Times on April 20, Alan Duffy, CEO of HSBC Ireland, stated that Ireland hopes to attract Chinese overseas investment for profit.
Alan Duffy, CEO of HSBC Ireland, mentioned that the current slowdown in China's economy reflects the "new normal" proposed by Premier Li Keqiang. While seeking growth momentum in the domestic market, China intends to make overseas investments in Europe. Ireland can seize this opportunity for profit.
Currently, there is significant room for growth in both direct and indirect investments by China overseas, with direct investments accounting for only 6% of the global market. Foreign direct investment has always made a significant contribution to Ireland's development. Alan Duffy stated that Ireland should be prepared to accept Chinese overseas investment, and decision-makers must ensure that this opportunity for investment is seized. The International Development Association has now established offices in Beijing, Shanghai, and Shenzhen, and Ireland's tertiary sector has also launched Chinese language and business courses.
Alan Duffy also stated that Ireland's food and communications sectors are two major areas that can attract investment from Chinese companies, and he welcomes Chinese investment.