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AN OPEN MARKET? Political Obstacles and Chinese Investment in Europe
March 4, 2010. 5th of March this International Conference will be arranged by Clingendael Asia Studies and Nyenrode Business University at Institute Clingendael. This one-day International Conference addresses the relationship between economic and political considerations that are relevant for the inflow of Chinese investments into Europe. These considerations relate to both European governments and Chinese investors. At present, Chinese investments in Europe represent only a fraction of the total bilateral investment flows (Chinese FDI inflow into the European Union was 0.1 billion euro in 2008). This is set to change in the coming years, however. In September 2009 Wen Jiabao, China’s premier, announced that Beijing would use its foreign exchange reserves to support and accelerate overseas expansion and acquisitions by Chinese companies. Estimated at more than 1,500 billion euro, the Chinese foreign exchange reserves are the largest in the world. Read more »