China''s Offensive in Europe
ISBN: 9780815728009
Platform/Publisher: Project MUSE / Brookings Institution Press
Digital rights: Users: Unlimited; Printing: Chapters; Download: Chapters
Subjects: Investments Chinese; International business enterprises;

A portrait of China's new economic passion toward Europe.

For years China's international investment interests focused on a search for natural resources in Africa, Asia, and Latin America. Recently China's focus has shifted to Europe as well as the United States, and to new fields as diverse as real estate, energy, hospitality, transportation, and heavy industry.

Chinese foreign investment is expected to grow throughout Europe in the years to come. For instance, the financial crisis centered in Greece and the fall of the euro have helped China and some of its corporations create a new partnership within the European Union, working to expand the country's power through finance and infrastructure.

China's Offensive in Europe studies the trends, sectors, and target countries of Chinese investments in Europe. It looks at cases of outbound investment trajectories and journeys by some key Chinese private and state-owned companies. It also takes a look at European perceptions of China, a country with a very different history and very different traditions from the Western world.

Philippe Le Corre and Alain Sepulchre examine how China's presence in Europe can serve as a benchmark to other developed economies--especially the United States, which is also seeing a rise in Chinese investments.

Philippe Le Corre is a visiting fellow in the Foreign Policy Program at the Brookings Institution, where he specializes in China-Europe relations. He is also an Adjunct Lecturer at Johns Hopkins University. His articles have appeared in Foreign Affairs , Financial Times , Foreign Policy , Le Monde and Wall Street Journal . He is a former foreign correspondent in China and served as senior adviser to the French Minister of Defense. He also acted as a consultant and lecturer in China for several multinational companies.

Alain Sepulchre is a senior adviser with BCG in Hong Kong, formerly with McKinsey Company. He specializes in M&A activities for Chinese companies abroad. He is also a lecturer at the Chinese University of Hong Kong and Paris-Dauphine University. He was previously a senior executive with energy group Total in China for 15 years.

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