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MERICS report claims Chinese investments in Europe in 2023 fell to the lowest in 13 years

NewsDay Staff ·

MERICS report claims Chinese investments in Europe in 2023 fell to the lowest in 13 years

Chinese investment in Europe last year dropped to the lowest in 13 years since 2010, according to an annual report published on June 6 jointly by independent research provider Rhodium Group and German think tank e Mercator Institute for China Studies (MERICS).

As per the report, Chinese direct investment (FDI) in Europe (defined here as the EU-27+UK) slipped again to EUR 6.8 billion last year (2023), from EUR 7.

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