over truly localised production

over truly localised production

Blog Article

demands for EU-sourced inputs, EU-based staff recruitment and technology transfers. The commission made these recommendations for the automotive and renewable industries—which suggests Chinese FDIs are its biggest concern in terms of localised value added. Yet Beijing appears set on backing the export to Europe of fully built units—or the simple assembly of exported components—over truly localised production. It is therefore safe to assume Chinese companies will seek to leverage the enormous advantage of their home production base rather than use investment in Europe, including the central European heartland, to boost local economies there. สล็อต