VIDEO. How China seeks to conquer Europe


Chinese President Xi Jinping in Italy on March 23, 2019. – Camilla Morandi / Ipa / Sipa

Chinese President Xi Jinping is on an official visit to France. An opportunity for Emmanuel Macron to try to
to moderate the ambitions of Beijing. On Tuesday morning, the two leaders will be joined at the Elysee Palace by German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker. Emmanuel Macron wants a “European awakening” in the face of
China and its European ambitions through its new “Silk Roads”. Since 2013, Beijing has invested considerable sums (estimated at 1,200 billion euros by 2027) in port, rail and road infrastructure in order to connect China to Europe and sell its products.

But the European Union, gigantic and appetizing market, has no clear political line against Beijing and some countries have already begun to yield to Chinese sirens. For several years now, Beijing has worked in the Central European countries. China has also invested in several strategic assets of member countries, such as the port of Piraeus in Greece, the ports of Valencia and Bilbao in Spain or the Portuguese electricity supplier. On Saturday, Italy signed agreements on Friday that provide for Chinese investments in the ports of Genoa and Trieste. This is the first G7 country to give in to the sound of Chinese sirens.


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