The Industrial and Commercial Bank of China ( ICBC ) has officially opened a second branch in Italy , this time in Rome , highlighting " how the bank has entered a new stage in development of business in Italy and in Europe " , according to an ICBC statement . Italy has also become one of the main recipients of Chinese investments in Europe in latest years, and ranked second after UK with estimated 3.09 billion euros ($3.5 billion) of Chinese FDI in 2014. Italy has become one of the main recipients of Chinese investments in Europe over the past few years , and ranks second after the UK , with an estimated $ 3.09bn ( $ 3.5bn ) of Chinese FDI in 2014 .
The Industrial and Commercial Bank of China ( ICBC ) has officially opened a second branch in Italy , this time in Rome , highlighting " how the bank has entered a new stage in development of business in Italy and in Europe " , according to an ICBC statement . Italy has become one of the main recipients of Chinese investments in Europe over the past few years , and ranks second after the UK , with an estimated $ 3.09bn ( $ 3.5bn ) of Chinese FDI in 2014 .