China is currently the most popular destination for foreign direct investment (FDI) in the world and will likely remain the largest destination of FDI in the next few years. Although early this year, some foreign companies and politicians complained about a worsening of investment environment in China, more and more multinaitonals are using their ambitious expansion plans in the Chinese market to prove them wrong.

Daimler sees China as its No. 1 market

China is expected to be Daimler AG's biggest market by 2015, and the German automaker promised to increase investment in the country by 3 billion euros ($4.2 billion), said the company head. [Full story]

Volvo may head West in China

Hyundai Motor to build auto JV in SW China

Billionaire buys boost Bentley

Coca-Cola Co sees fizz in China

Coca-Cola announced in October the opening and near completion of three new bottling plants with a total investment of 1.6 billion yuan (US$239 million). [Full story]

Starbucks brews up Yunnan flavor

• Taiwan coffee giant to take on Starbucks

GE to invest US$2b in China R&D capacity, JVs

GE CEO Jeff R. Immelt announced on Tuesday the company will invest more than $2 billion through 2012 to expand its R&D capability and set up joint ventures in China. [Full story]

Alstom powers ahead with new generation game

• AkzoNobel opens $385m base

• Swiss' Clariant eyes China growth

• Fonterra goes ahead with second dairy farm in China