Europe’s economic distress could be China’s opportunity. In the past, the country has proved a hesitant investor in the…
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Europe’s economic distress could be China’s
opportunity. In the past, the country has proved a
hesitant investor in the continent, but figures show a 30
percent surge in new Chinese projects in Europe last
year. And these days Europe looks ever more tempting.
Bargains proliferate as the yuan strengthens and cashstrapped governments forget concerns over foreign
ownership of key assets. On a recent visit to Greece,
Vice Premier Zhang Dejiang sealed 14 deals, reportedly
the largest Chinese investment package in Europe,
covering a range of sectors from construction to
telecoms.
Meanwhile, Irish authorities have opened talks with
Chinese promoters to develop a 240-hectare industrial
park in central Ireland where Chinese manufacturers
could operate inside the European Union free of quotas
and costly tariffs. In time, that could bring 10,000 new
jobs. “It’s good business,” says Vanessa Rossi, an
authority on China at the Royal Institute of International
Affairs in London. “There’s big mutual benefit here.”
Europe needs money; China needs markets.
Newsweek, July 19, 2010, p. 6. Adaptado.
Afirma-se, no texto, que a IrlandaAlternativas
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