Chinese investment in Europe increased for the first time in seven years in 2024, driven by electric vehicle and battery projects in Hungary, despite a decline in interest in the UK, Germany, and France. Total Chinese foreign direct investment (FDI) in the EU and UK rose 47% to €10bn, with Hungary accounting for 31% of this total, while the combined share of the UK, Germany, and France dropped to 20%. However, new investment announcements by Chinese electric vehicle manufacturers fell sharply, indicating a cautious approach amidst heightened scrutiny and trade tensions.
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The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
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