- Since 2008, Chinese firms made European acquisitions and investments (corporations, infrastructure, real estate) worth $318 billion.
- Unlike the US, European nations don’t have review mechanisms to inspect/approve foreign investments.
- Chinese firms have purchased 360 European companies including Pirelli (Italian tire maker), Syngenta ($46 billion Swiss pesticide manufacturer) and Volvo (Sweden).
- While large nations (Germany, France, Italy) are pushing for more screening, cash-strapped countries (Greece, Portugal) want to maintain low barriers.
- Chinese investors acquired Greece’s largest port (Piraeus).
- Click Bloomberg to see acquisition Map.
