01:34
Most investment between Chinese and European firms has been put on hold during the COVID-19 pandemic according to a UK-China business expert.
Aman Wang, a Partner and Head of UK-China Business at international accountancy network KPMG said in the short term investments will either be postponed or put on hold as there are too many risks involved for investors and sales teams.
But Wang did say there could be opportunities to invest in a few months: "In the Medium term, something around six months to 18 months or so there should be an arbitrage opportunity between UK and China. Driven by China, which has shown early signs of recovery whilst the European market is just getting to the worst of it.”
Businesses willing to invest would have a short time window to make their move in the market.
China's business activity level is back up to 70-80 percent after it successfully beat the first peak of COVID-19, whilst UK and Europe are still very much fighting that battle. "The worst is yet to hit us (Europe)" according to Wang.
Post COVID-19, there is still a level of uncertainty about how investment and business in general will get back on its feet.
But, despite this, Wang believes the market fundamentals will prevail and China-Europe investment will regrow to its previous level.