European manufacturers are increasing their investment in Chinese factories, despite growing anxiety among the continent’s political leaders about industrial dependence on the world’s exporting superpower.
France’s President Emmanuel Macron is expected to be the latest leader to warn about China’s crushing trade surpluses with Europe — which hit €305.8bn last year — during a three-day visit to Beijing this week.
However, steady investment by European manufacturers — much of it intended to produce goods for exports — is adding to China’s already powerful industrial base.
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