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 India 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 India
- Emerging From the “Zombie State” of Trade Agreements: The India-EU FTACommentary
The India–EU Free Trade Agreement (FTA) is shaping up to be one of the most consequential trade negotiations, both economically and strategically. But, what’s in the agreement, what’s missing, and what will determine its success in the years ahead
Vrinda Sahai, Nicolas Köhler-Suzuki
- India’s Press Note 3 Gamble: Opening the FDI Door to ChinaArticle
On March 10, 2026, India’s Union Cabinet approved amendments to Press Note 3, a regulation that mandated government approval on all foreign direct investment (FDI) from countries sharing a land border with India. This amendment raises questions primarily about whether its stated benefits will materialize and if the risks have been adequately weighed. This piece will address the same.
Konark Bhandari
- India and a Changing Global Order: Foreign Policy in the Trump 2.0 EraResearch
Trump 2.0 has unsettled India’s external environment—but has not overturned its foreign policy strategy, which continues to rely on diversification, hedging, and calibrated partnerships across a fractured order.
- +6
Milan Vaishnav, ed., Sameer Lalwani, Tanvi Madan, …
- The Impact of U.S. Sanctions and Tariffs on India’s Russian Oil ImportsCommentary
This piece examines India’s response to U.S. sanctions and tariffs, specifically assessing the immediate market consequences, such as alterations in import costs, and the broader strategic implications for India’s energy security and foreign policy orientation.
Vrinda Sahai
- India-China Economic Ties: Determinants and PossibilitiesPaper
This paper examines the evolution of India-China economic ties from 2005 to 2025. It explores the impact of global events, bilateral political ties, and domestic policies on distinct spheres of the economic relationship.
Santosh Pai