Direct Chinese investments in the euro area have almost quadrupled between 2006 and 2017, the latest year for which data are available, while portfolio investments rose 60 percent, according to data from the European Central Bank.
The Chinese "are buying pretty much everything so I tried to put an ad as well," said Marina Cerrato, who in July last year sold her amusement arcade in Alba in less than 40 days to a Chinese family from Bologna through the Vendereaicinesi.it website. "I didn't give it away, I sold at the price I intended."
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