In a podcast with Paul Haenle, Director of the Carnegie-Tsinghua Centre for Global Policy, Joerg Wuttke, President of the E.U. Chamber of Commerce in China, discusses what he thinks the E.U. can expect in the coming years regarding its economic presence in China.
Mr. Wuttke notes that the main story in E.U.-China relations in 2015 was not simply an increase in trade but rather a complete shift in investment flows as China invested US$22 billion in the E.U. He expects this level of Chinese investment into Europe to continue, but he reasons that European investment in China may slow due to lower growth rates and other constraints.
Mr. Wuttke also comments on emerging international initiatives that China has put forward, such as the Asia Infrastructure Investment Bank (AIIB) and the Belt and Road.
Please read more here.
Comments