Q&A
Paul Haenle, Philippe Le Corre
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Source: Getty
In The Media
EU Moves to Protect Interests Against Predatory China
The European Parliament recently approved a law that will create a process for future foreign investments in Europe.
Published on Nov 26, 2018
Source: Financial Times
Less than two years after France, Germany and Italy wrote to the European Commission advocating a new screening mechanism on foreign direct investment, the EU has finalised a scheme that aims to protect European interests.
About the Author
Philippe Le Corre
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 Relationship
- 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
Political ReformForeign PolicyEUGlobal GovernanceEconomyEast AsiaChinaWestern EuropeFranceGermanyAsiaEuropeIran
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 China
- The Plaza Accord and Its Relevance for ChinaCommentary
The Plaza Accord was not an externally imposed punishment of Japan but part of a broader restructuring that Japanese economists and policymakers themselves recognized was necessary. Its effects were undermined, however, when Tokyo responded to the resulting slowdown with policies that exacerbated investment, credit expansion, and the very imbalances the adjustment was intended to resolve.
Michael Pettis
- Untangling the Nuclear Knot: A Constructive Agenda for Managing China’s Nuclear Relations with the United States and Its AlliesPaper
The nuclear relationship between China and the United States is increasingly shaped by widening perception gaps rather than deliberate strategic design.
Tong Zhao
- Who Paid for China’s Last Debt Cleanup, and Who Will Pay for the Next?Commentary
China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.
Michael Pettis
- Caught in the Middle: Chinese Biotech Firms’ Divergent Responses to U.S. SanctionsCommentary
Chinese biotech companies have been on the receiving end of U.S. economic coercion. Yet their responses have differed significantly because firm and state interests are not uniformly aligned. For Washington, treating all Chinese tech firms the same, irrespective of their actual interests, risks pushing them farther into Beijing’s corner.
Xue Gong
- Are Data Centers the Solution to China’s Renewables Excess Capacity?Commentary
China’s latest energy plan explicitly calls for integrating data centers into the electricity system, particularly connecting them to green energy. It appears Beijing wants to use compute as a source of domestic demand to absorb renewables excess capacity.
Damien Ma
