Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Monday, April 23, 2018
How China Is Buying Its Way Into Europe
For more than a decade, Chinese political and corporate leaders have been scouring the globe with seemingly
bottomless wallets
in hand. From Asia to Africa, the U.S. and Latin America, the results are hard to ignore as China has asserted itself as an emerging world power. Less well known is China’s diffuse but expanding footprint in Europe.
Bloomberg has crunched the numbers to compile the most comprehensive audit to date of China’s presence in Europe. It shows that China has bought or invested in assets amounting to at least $318 billion over the past 10 years. The continent saw roughly 45 percent more China-related activity than the U.S. during this period, in dollar terms, according to available data.
READ MORE HERE
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