Published: October 18th, 2024,
Last updated: October 25th, 2024

The EU screened more Chinese investments in Europe last year. This is revealed in the EU Commission’s annual foreign direct investments report to the European Parliament. Six percent of the transactions examined last year as part of the EU’s FDI screening tool came from China or Hong Kong. In the year before, the figure was 5.4 percent. This puts China and Hong Kong in fourth place in 2023. Around 33 percent were from the USA, twelve percent from the UK and seven percent from the United Arab Emirates. In 2023, a total of 488 reports were submitted for screening from 18 member states, with China and Hong Kong accounting for around 30 percent. Seven member states, Austria, Denmark, France, Germany, Italy, Romania and Spain, were responsible for 85 percent of the reports. ari