Huge return for UK investors in China

British registered investment funds in China made returns of 19 percent over the last six months.

That's according to the latest data released by specialist researcher Morningstar.

Chinese currency yuan [File Photo: baidu.com]

The British registered investment funds were amongst the best performing in China, with the 19 percent figure being significantly higher than expectations for such investments.

Indeed, the Financial Times reports that ''funds investing in China delivered the best returns to UK investors in the first half of 2017.''

Sturdy economic growth in China has been credited with boosting returns, alongside measures taken by the Chinese government to ease access for foreign investors to the Chinese domestic market.

Meanwhile, Chinese investment in the UK and other European countries continues to grow.

Last week, we reported on a record-breaking property deal, which saw London's 'Walkie Talkie' being purchased by Hong Kong investors LKK Health Products for £1.3 billion.

The building, which is formally known as 20 Fenchurch Street, has become a popular feature on London's skyline.

It was completed in 2015 and is the 12th tallest building in London, originally costing £200 million to build.

The walkie talkie is 34 stories high and occupies a prime position in the City of London - the heart of the capital's financial district.