All very amusing this. I find the following funny too (from article above). I imagine the spokesman is including the bail out Peugeot got from China as inward invesment, its being investigated by the EU as the French government gave the Chinese incentives as it was not allowed to bail out Peugeot itself. Also he is referring to the stock of invesmtent, ie made in the past. The man from JL is right, making an investment in France today looks like financial suicide.
A spokesman for the French embassy told The Independent that Mr Street’s comments “do not reflect the attractiveness of France for foreign investment.”
The spokesman said: “France has the fifth largest stock of Foreign Direct Investment in the world, for a total of 1,100 billion euros (approximately $1,500 billion) so obviously many foreign businesses do not seem to share Mr Street’s view.
