China’s Investment in Europe Drops to Lowest Level Since 2010: Report

Published on June 9, 2024

China’s investment in Europe last year fell to the lowest in 13 years since 2010, according to an annual report published on June 6 by Rhodium Group and German think tank Mercator Institute for China Studies. China’s direct investment in Europe in 2023 was only 6.8 billion euros ($7.35 billion), 300 million euros ($3.24 billion) less than the previous year, setting a new low in 13 years since 2010, according to the report. The report shows that China’s direct investment in Europe, specifically the 27 EU countries and the United Kingdom, peaked at 47.5 billion euros ($51.3 billion) in 2016, and has since declined. In 2019, prior to the COVID-19 pandemic, investment reached 14.2 billion euros ($15.34 billion), then plummeted to 6.8 billion euros ($7.35 billion) in 2023, less than 15 percent from the peak....

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