For several years now China has been increasingly investing in Europe.
In 2016 Chinese companies invested €35 billion in the EU.
Often these investments are in advanced manufacturing sectors or meant to buy certain technologies. Afraid of losing some crown jewels of the European economy, the EU is preparing measures to halt this trend.
But perhaps Europe shouldn´t worry too much about this. After all, the next wave is already coming: Chinese innovation and technology which will conquer the world.
And the first signs are visible. A few week ago, Europe launched two initiatives which are symptomatic and a reaction to the Chinese threat. Europe decided to form an alliance among some top European companies in order to regain lost ground on Chinese electric car battery manufacturers.
Image: EUOBOR
