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 Europe
- Russia’s Imperial Retreat Is Europe’s Strategic OpportunityCommentary
The war in Ukraine is costing Russia its leverage overseas. Across the South Caucasus and Middle East, this presents an opportunity for Europe to pick up the pieces and claim its own sphere of influence.
William Dixon, Maksym Beznosiuk
- Is the Radical-Right Threat Existential or Overstated?Commentary
Amid increased polarization and the influence of disinformation, radical-right parties are once again gaining traction across Europe. With landmark elections on the horizon in several countries, are the EU’s geostrategic vision and fundamental values under existential threat?
Catherine Fieschi, Cas Mudde
- Europe and the Arab Gulf Must Come TogetherCommentary
The war in Iran proves the United States is now a destabilizing actor for Europe and the Arab Gulf. From protect their economies and energy supplies to safeguarding their territorial integrity, both regions have much to gain from forming a new kind of partnership together.
Rym Momtaz
- Taking the Pulse: Is France’s New Nuclear Doctrine Ambitious Enough?Commentary
French President Emmanuel Macron has unveiled his country’s new nuclear doctrine. Are the changes he has made enough to reassure France’s European partners in the current geopolitical context?
Rym Momtaz, ed.
- The Iran War’s Dangerous Fallout for EuropeCommentary
The drone strike on the British air base in Akrotiri brings Europe’s proximity to the conflict in Iran into sharp relief. In the fog of war, old tensions in the Eastern Mediterranean risk being reignited, and regional stakeholders must avoid escalation.
Marc Pierini