The “Old Europe” does not understand very well the illiberal tendencies of the “New Europe”, Poland above all. Advertisements
Der Spiegel says: “Angela Merkel should follow Macron’s path on Europe”. The Germans had a kind of European supremacy during the last ten years and nothing remarkable came out for Europe. Maybe it’s really time for the French to come back in the driving seat ?
Geely Automotive acquired the majority in Saxo Bank, a Danish financial platform, after having previously bought the Swedish carmaker Volvo. The Chinese are here to stay and we have to get accustomed to the new normal.
People need some time before getting used to a new situation. The Americans needed some half-of-a-century and two world wars before having a solid foothold in Europe. The Chinese got a foot-in-the-door in only ten years, economic crisis helping greatly. Politico Europe has a great piece on this subject. Or how the Middle Kingdom investments…… Continue reading Enter the Dragon : the new normal
It is called the Committee on Foreign Investments in the United States (CFIUS) and it is becoming US’ main trade policy instrument, just like the Section 301 in the 1980s. That one was offensive and was about Japan and trade, this one is defensive and is about China and takeovers. It recently prevented the acquisition…… Continue reading US keeps blocking the Chinese shopping spree
The European keeps asking for more openness of the Chinese market. Could the Nineteenth Congress reserve any pleasant surprise ?
The French President seems to got it : beyond speeches at the Sorbonne, United Europe is also made through mergers and acquisitions inside the continent. First, the merger between the rail divisions of Alstom and Siemens, dubbed as the Railway Airbus, is formally a merger of equals and the new entity even has its headquarters…… Continue reading Macron means business. And politics