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Is China Introducing a Trojan Horse into the European Economy? Professor Mircea Coşea made several clarifications in this context, exclusively for DC NEWS.
Half of the investments made by Chinese companies in the European Union in recent decades come from state-owned companies that receive public funding from the Beijing government, according to the European Court of Auditors, cited by Agerpres. And conversely, China is less open, according to the document that shows the risks, mainly economic and political, presented for the Union by the state-controlled investment strategy implemented by China.
“China is not entirely open to investment in the opposite direction, and here is the credit of the Trump administration for noticing the problem. The fact that whoever wants to invest in China must give half the investment to some Chinese.” .
In the context of the pandemic, the need for capital is urgent in all countries. There is a certain concession that states are making to this ‘violent’ investment that the Chinese are making to raise capital, and the best example is Hungary, which negotiated a very important capital injection deal with China two weeks ago. on energy and telecommunications, but that will surely bring great political inconveniences in this phenomenon called ‘Trojan horse’. China has entered Europe a lot, the countries most affected by Chinese capital being Poland and Greece. Greece has also rented a port. The new silk road has changed direction and goes from Greece directly to Poland, it no longer passes through the center of Europe ”, explained Professor Mircea Coşea.
The effects of the American reaction, felt by Romania. Ideological danger?
“On the other hand, there is a very strong American reaction, and we feel very good in terms of telecommunications, 5G. But we have to understand the phenomenon as one of the desperations of Europeans, who seek capital and cannot find it. “It’s safe, it’s risky! That’s because the state is ultimately funding some of Chinese investment. Watch out, any connection to China also means a connection to the way the Chinese run their business, quite a bit.” I don’t believe in that, but there is a lot of talk about the communist contagion that European countries could have if they were arbitrary, highly politicized, and the possibility that through these investments the Chinese bring ideological influences. “I receive Chinese investment. The communist contagion, however, comes from the West and is called neocommunism,” he said.
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