Table of Contents
Where does China invest the most in Europe?
However, greenfield Chinese investment reached its highest level since 2016 at nearly EUR 1.3 billion. The “Big-3” reclaimed their top spot, Poland emerged as a key recipient: More than half of total Chinese investment in Europe went to the “Big Three” economies – Germany, the UK and France.
How much of the UK does China own?
It reveals that Chinese investors own nearly £57bn of shares in the UK’s 100 biggest listed companies, dominated by a 49 per cent stake in HSBC worth £45bn. Investments valued at over £1bn have also been made in pharmaceutical giant AstraZeneca, oil and gas firms Shell and BP and alcohol company Diageo.
What European companies does China own?
European companies under Chinese control include Volvo Cars, the tire maker Pirelli, the Greek port of Piraeus, and the Swiss agrochemicals manufacturer Syngenta. Anta, a Chinese company, last year bought Amer Sports, a Finnish company whose brands include Louisville Slugger, the iconic maker of baseball bats.
What companies in UK does China own?
Why does the EU want an investment agreement with China?
However, the EU wants to ensure that China trades fairly, respects intellectual property rights and meets its obligations as a member of the World Trade Organization (WTO). In 2013 the EU and China launched negotiations for an Investment Agreement.
How has the EU’s FDI in China changed?
While European investment flows into China historically outpaced Chinese outbound flows, the tide has turned rapidly since 2014, driven by Chinese FDI in the EU. In 2016, new Chinese investment in the EU was more than four times higher (reaching a record high of 35 billion euros) than the European FDI in China (8 billion euros).
Is China’s entry into the European market open to European companies?
Indeed, at present, while China is able to enter the EU market freely and carry out investments in all its sectors of interest, European firms are conversely not allowed to operate with the same degree of freedom in the Chinese market (19).
How can China buy influence in Europe?
In trade, one way for China to “buy” influence in Europe is through access to its growing and increasingly lucrative market (which also includes access through investment as targeted by the EU-China Comprehensive Agreement on Investment ).