Chinese investment in Europe: A story of cash and concerns

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Chinese firms have plowed at least 145 billion euros ($164 billion) into Europe since 2010, but investment has been slowing recently as several ...

PARIS: Chinese firms have plowed at least €145 billion into Europe since 2010, but investment has been slowing recently as several European governments tighten rules on acquisitions by foreign firms.promoting China's new Silk Road project, the EU remains divided over the best approach towards Beijing.Chinese direct investment into the European Union in 2010 totalled just €2.1 billion. That climbed rapidly to 20.7 billion in 2015 and then jumped to 37.

While concerns about Chinese investment have grown in France and Germany - countries in southern and eastern Europe still have the welcome mat out.Rome is ready to sign up to China's new Silk Road project, a US$1 trillion infrastructure project, following fellow EU nations Greece, Hungary, Poland and Portugal.

Lisbon hasn't opposed China Three Gorges trying to take over the nation's leading electricity firm, Energias de Portugal . While EU member states retain the final decision, they will have to supply, under certain conditions, information on foreign investment to other member states if public order or security are concerned.

 

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