Media Coverage

Fosun poised to invest in Europe and Japan

Resource:China Daily

Fosun International Ltd, a privately owned conglomerate, plans a series of overseas investmentsthis year in countries such as Germany, Britain and Japan, Chairman Guo Guangchang said onThursday.

Guo said Fosun is looking closely at investment opportunities in companies with advancedtechnology in Germany and Britain, as Europe's economic woes have led to "attractivevaluations" for many companies in the region.

He also expressed interest in Japan's tourism and culture sector, which is being boosted by aninflux of Chinese tourists.