World · Europe · 14 hrs ago

France and Spain take different approaches to Chinese investment

France and Spain take different approaches to Chinese investment

France and Spain both want Chinese investment to help rebuild their industrial sectors.

Spain’s prime minister, Pedro Sanchez, wants the country to become a gateway for Chinese capital in Europe.

He is focusing on Chinese expertise in electric batteries and low-carbon energy technologies.

Sanchez made four visits to China between 2023 and 2026, more than any other European Union leader during that period.

France is also open to Chinese investment, but it is pushing at EU level for strong social and technology conditions in return.

The difference comes as EU countries work on a proposed Industrial Accelerator Act to shape a “Made in Europe” policy.

The measure was presented in the spring, but no further steps are described.

Sources

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