CHINA'S OFFENSIVE IN EUROPE: Foreword

Philippe Le Corre () and Alain Sepulchre
Additional contact information
Philippe Le Corre: Inalco - Institut National des Langues et Civilisations Orientales, IFRAE - Institut français de recherche sur l’Asie de l’Est - Inalco - Institut National des Langues et Civilisations Orientales - UPD7 - Université Paris Diderot - Paris 7 - CNRS - Centre National de la Recherche Scientifique, Brookings Institution

Post-Print from HAL

Abstract: For decades Chinese companies focused their global efforts on unearthing natural resources in Africa, Asia, and Latin America. But in recent years, Chinese money has been pouring out across the globe through diverse investments in real estate, energy, hospitality, and transportation, among others. Chinese investment in offshore mergers and acquisitions has already reached 101 billion dollars this year, almost as much as the 109 billion dollars total for all of 2015. Just recently, two massive deals made headlines: Anbang's 14 billion dollars bid for the U.S.-based Starwood Hotels, and ChemChina's 43 billion dollars takeover of European agro-business group Syngenta. Although the first bid failed, what do these undertakings reveal about China's intentions in the West? What are the implications for the global economic order? How is China's image being shaped by its muscular international investments? Should the West respond to this new wave, and if so, how?

Date: 2016
Note: View the original document on HAL open archive server: https://hal.science/hal-03109882
References: Add references at CitEc
Citations:

Published in China's Offensive in Europe, Brookings Institution Press, pp.200, 2016, 978-0-8157-2798-9

Downloads: (external link)
https://hal.science/hal-03109882/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03109882

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().