Letzte Aktualisierung: September 6, 2022

Election in Italy: Favorites pursue clear anti-China approach

Possible next Prime Minister of Italy: right-wing populist Giorgia Meloni
Italy scrutinizes Chinese investments comparatively strictly. Several Chinese projects have been stopped in recent years. After the parliamentary elections on September 25, however, this trend could intensify significantly. This is because the favored right-wing populist alliance around Giorgia Meloni opposes close ties with China.
China's share of direct investment in the European Union declined last year. In 2021, the People's Republic accounted for just 2.3 percent of all foreign acquisitions, according to a new report by the EU Commission. In 2020, it was still 3.4 percent. In the greenfield sector, investment fell from 7.1 percent to 6 percent. Greenfield investment is a term used to describe the construction or expansion of new or existing plants with a focus on production. However, the value of FDI from China increased: While €6.5 billion were invested in 2020, the figure was around €9 billion in 2021.
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