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

Experts say now that China is strapped for funds, it is concentrating on investing in more ‘friendly counties’ amid trade war with the West.

CATL, a Chinese electric battery maker, displays its wares at the 2019 IAA Frankfurt Auto Show in Frankfurt am Main, Germany, on Sept. 11, 2019. Sean Gallup/Getty Images

China’s investment in Europe last year fell to the lowest 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 6.8 billion euros ($7.35 billion). That’s 300 million euros ($3.24 billion) less than the previous year, setting a new low for the 13 years since 2010, according to the report.