China has been spreading its wings economically on many continents, including Asia, Africa, Australia, Latin America. Now is the time for Western countries to attract Chinese investments in fields as diverse as real estate, industry, consumer goods, hotel chains, energy, transport and highways. This has especially been showing in Europe, where Chinese companies have taken advantage of the dire economic situation. Despite an enormous difficulty of adapting the Chinese way to Western-style businesses, Chinese FDI can only grow in Europe in the years to come.
Authors
Philippe Le Corre
Senior Fellow, Mossavar-Rahmani Center on Business and Government
- Harvard Kennedy School,
Visiting Fellow
- Foreign Policy, Center on the United States and Europe
@PhLeCorre