“We don’t see any problems with States that, if necessary, can participate in the market if they purchase the company’s shares with the intention to prevent the absorption of”, – quotes the Financial Times Vestager. According to her, there is a real risk that crisis-hit enterprises to buy Chinese businessmen. In this situation it is necessary to work intensively on this issue. The EU formulates plans to protect your business in cases of outbreaks of coronavirus.
Vestager believes that developing relations with China, the EU should seek balanced trade. With the development of cooperation individually or in subregional structures should comply with the rules and regulations of the EU.
According to the ec portal.europa.eu, the European Commission closely monitors Chinese investment in infrastructure European countries. Officials fear unfair competition in connection with the financing of Chinese firms from the state. It is noted that in Italy, signed an agreement with Chinese partners in the framework of the project “silk road”, as well as in other European countries, strategically important infrastructure, including electricity, high-speed railway and ports pass into Chinese hands. In this regard, the European Commission insists on the harmonization of the member countries of the EU infrastructure projects with the Chinese side or even on the veto. In addition, the EC advocates a more strict control over the transfer to China of new technologies.
meanwhile, since 2005, Chinese companies have invested 24.7 billion in the European technology industry. However, in 2017, China’s investment in this sector fell to $ 200 million. Germany blocked attachments in the industry that are important for national security. Over the past four years, Chinese entrepreneurs have bought 160 companies in Europe. No one is scared of warning the Bild newspaper about the “greedy Chinese dragon.” After that, many of them economic situation has become better, according to German economists.
According to the newspaper Der Tagesanzeiger, in total, China has invested in Europe about 300 billion dollars. Beijing promises of investment and, in turn, expects better access to European markets. At the moment, 11 countries in Eastern and southern Europe participated in the project “silk road” in search of investors.
