Chinese investment in Europe down 80%

Chinese investment in Europe fell by 80% in the first half compared to the same period in 2018, according to a semi-annual survey by the consulting firm Ernst & Young.

According to the study, China invested $ 2.4 billion in European companies in the first half, including 81 acquisitions and shares. The study revealed that China had not made any acquisitions in Germany and had only invested 505 million dollars in companies. China has only invested $ 10 million in Germany in 2018.

CGCC was banned from supplying electricity to Germany in 2018.