Paul Haenle, Philippe Le Corre
{
"authors": [
"Philippe Le Corre"
],
"type": "other",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace",
"Carnegie China"
],
"collections": [
"Belt and Road Initiative"
],
"englishNewsletterAll": "asia",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "AP",
"programs": [
"Asia"
],
"projects": [],
"regions": [
"East Asia",
"China",
"Central Asia",
"Eastern Europe",
"Western Europe"
],
"topics": [
"Economy",
"Foreign Policy"
]
}Source: Getty
Chinese Investments in European Countries: Experiences and Lessons for the “Belt and Road” Initiative
The internationalization of China, and of its companies in particular, is one of the most important phenomena of the beginning of the twenty-first century.
Source: Palgrave Macmillan
This chapter focuses on Chinese foreign direct investments (FDI) in Europe, and their potential impact on the landscape of the targeted countries. It examines the investment’s possible connections with the current Belt and Road Initiative (BR), which is primarily billed as an international network of infrastructure projects. With the BR in mind, this chapter asks whether Chinese state-owned enterprises (SOE) can build from their recent experiences in Western Europe, and looks at three main questions: (1) What is the political, economic, and social impact on targeted countries when it comes to public investments in the field of infrastructures? (2) How does it relate to the Belt and Road Initiative? (3) What are the stakes for the cooperation between Chinese investors on the one hand, and local public- and private-sector actors on the other?
This chapter was originally published in Rethinking the Silk Road, released by Palgrave Macmillan.
About the Author
Former Nonresident Senior Fellow, Europe Program
Philippe Le Corre was a nonresident senior fellow in the Europe Program at the Carnegie Endowment for International Peace.
- Russia’s Invasion of Ukraine Has Jeopardized the China-EU RelationshipQ&A
- China’s Influence in Southeastern, Central, and Eastern Europe: Vulnerabilities and Resilience in Four CountriesPaper
- +1
Erik Brattberg, Philippe Le Corre, Paul Stronski, …
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Endowment for International Peace
- Did Putin Return From China Empty-Handed?Commentary
With no key agreement signed on the Power of Siberia 2 gas pipeline, there is a risk that the window of opportunity for Russia will close if Chinese power generation becomes so green that new gas sources are no longer of any interest to Beijing.
Alexander Gabuev
- Taking the Pulse: Was it Right to Boycott Eurovision?Commentary
Five countries staged the biggest political boycott in Eurovision history over Israel’s participation. With the FIFA World Cup and other sporting or cultural touchstones on the horizon, are boycotts effective?
Rym Momtaz, ed.
- What Does Central Europe’s Post-Orban Russia Policy Look Like?Commentary
Though Orban is gone, Putin can still count on some like-minded individuals in Central and Eastern Europe. However, they will seek to avoid open confrontation with EU institutions over Ukraine and their ties with Moscow.
Dimitar Bechev
- China’s Pivot on Global AIArticle
Beijing’s AI diplomacy is pivoting from infrastructure and associated technical standards toward a more comprehensive effort aimed at recrafting global norms and institutions of AI governance.
Arindrajit Basu
- Are Russia-Japan Relations Really Warming Up?Commentary
The truth is that Japan’s government is seeking a degree of reengagement but at a vastly reduced level than under Abe. Most significantly, Japan has shown no willingness to ease sanctions.
James D.J. Brown