China’s share of direct investment in the European Union declined last year. In 2021, the People’s Republic accounted for just 2.3 percent of all foreign acquisitions, according to a new report by the EU Commission. In 2020, it was still 3.4 percent. In the greenfield sector, investment fell from 7.1 percent to 6 percent. Greenfield investment is a term used to describe the construction or expansion of new or existing plants with a focus on production. However, the value of FDI from China increased: While €6.5 billion were invested in 2020, the figure was around €9 billion in 2021.