• About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST
TFI Official Merchandise
हिन्दी
Monday, March 8, 2021
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    TMC, Bengal, Mithun Chakraborty, Mamata Banerjee

    Mamata had once made Mithun Chakraborty the villain of Bengal. Now Mithun is back with a vengeance

    Huawei, Airtel

    As the world increasingly talks about ‘clean networks,’ Airtel goes ahead with a 300 Crore contract with Huawei. Not cool

    Congress, AIUDF, Assam

    Congress’ decision to give 15 seats to AIUDF in Assam is splitting it right in the middle

    Modi, Bengal, TMC

    PM Modi conducts what seems like the most successful rally in the history of Bengal. Bengal is poised to turn saffron

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    arhtiyas, farmers, fci

    In a huge blow to fake farmers’ protest, FCI sidelines ‘arthiyas’ to directly send money to real farmers

    biden india tax

    America’s loss is India’s gain – Biden administration may spike tax on capital gains and that means billions will pour into India

    Modi government, Nirmala Sitharaman, Private Sector Banks,

    Modi govt’s decision to give business to private banks is a huge step towards privatising Public sector banks

    digital currency, India

    To be a world leader, India needs its own digital currency and Modi Government has already set the ball rolling

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    india indian army ladakh drones

    Amid standoff with China, India puts the Ladakh region under drone surveillance. More Made-In-India drones to follow

    drdo

    For 6 decades DRDO was not up to the mark. Today it is making one missile after another. What really changed

    ghatak drone

    GHATAK- How India’s stealth combat drone programme promises to make it a military superpower

    Turkey, US, Russia

    Turkey may be sanctioned by US for using F-16s as target practice for Russian S-400s

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Nepal was a proud Hindu nation until Communists captured it, PM Modi is set to bring a cultural revolution in Nepal

    Nepal was a proud Hindu nation until Communists captured it, PM Modi is set to bring a cultural revolution in Nepal

    India is all set to invest in the Russian Far East to pull Russia out of Chinese grip

    India is all set to invest in the Russian Far East to pull Russia out of Chinese grip

    US debt India

    USD 216,000000000 that’s how much the USA owes India

    imran khan sri lanka

    The fear of PM Modi makes Sri Lanka stop Imran Khan from addressing their parliament

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    sister nivedita

    Sister Nivedita – The friend of all

    Tanishq

    A stupid Ad and a dumb explanation: What Tanishq lost in last 48 hours?

    Coco island, islands, Nehru

    Nehru’s massive strategic blunder – How Nehru gave Coco Islands to Burma that China later grabbed

    Turkey, Hagia Sophia

    Hagia Sophia is not the only one: Turkey has a shameful history of desecration

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Satire
    • Sports
    • technology
    • Travel
    contact lenses

    5 Reasons Why Your Eyes Get Watery While Wearing Contact Lenses

    Employees

    Biometric Attendance System Can Push Employees towards Productivity

    coronavirus

    Wondering If You Need Masks in 2021? Read This

    whatsapp signal brian acton

    He was forced to sell WhatsApp to Facebook. Now, he has come back with Signal to dethrone WhatsApp

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
No Result
View All Result
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    TMC, Bengal, Mithun Chakraborty, Mamata Banerjee

    Mamata had once made Mithun Chakraborty the villain of Bengal. Now Mithun is back with a vengeance

    Huawei, Airtel

    As the world increasingly talks about ‘clean networks,’ Airtel goes ahead with a 300 Crore contract with Huawei. Not cool

    Congress, AIUDF, Assam

    Congress’ decision to give 15 seats to AIUDF in Assam is splitting it right in the middle

    Modi, Bengal, TMC

    PM Modi conducts what seems like the most successful rally in the history of Bengal. Bengal is poised to turn saffron

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    arhtiyas, farmers, fci

    In a huge blow to fake farmers’ protest, FCI sidelines ‘arthiyas’ to directly send money to real farmers

    biden india tax

    America’s loss is India’s gain – Biden administration may spike tax on capital gains and that means billions will pour into India

    Modi government, Nirmala Sitharaman, Private Sector Banks,

    Modi govt’s decision to give business to private banks is a huge step towards privatising Public sector banks

    digital currency, India

    To be a world leader, India needs its own digital currency and Modi Government has already set the ball rolling

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    india indian army ladakh drones

    Amid standoff with China, India puts the Ladakh region under drone surveillance. More Made-In-India drones to follow

    drdo

    For 6 decades DRDO was not up to the mark. Today it is making one missile after another. What really changed

    ghatak drone

    GHATAK- How India’s stealth combat drone programme promises to make it a military superpower

    Turkey, US, Russia

    Turkey may be sanctioned by US for using F-16s as target practice for Russian S-400s

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Nepal was a proud Hindu nation until Communists captured it, PM Modi is set to bring a cultural revolution in Nepal

    Nepal was a proud Hindu nation until Communists captured it, PM Modi is set to bring a cultural revolution in Nepal

    India is all set to invest in the Russian Far East to pull Russia out of Chinese grip

    India is all set to invest in the Russian Far East to pull Russia out of Chinese grip

    US debt India

    USD 216,000000000 that’s how much the USA owes India

    imran khan sri lanka

    The fear of PM Modi makes Sri Lanka stop Imran Khan from addressing their parliament

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    sister nivedita

    Sister Nivedita – The friend of all

    Tanishq

    A stupid Ad and a dumb explanation: What Tanishq lost in last 48 hours?

    Coco island, islands, Nehru

    Nehru’s massive strategic blunder – How Nehru gave Coco Islands to Burma that China later grabbed

    Turkey, Hagia Sophia

    Hagia Sophia is not the only one: Turkey has a shameful history of desecration

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Satire
    • Sports
    • technology
    • Travel
    contact lenses

    5 Reasons Why Your Eyes Get Watery While Wearing Contact Lenses

    Employees

    Biometric Attendance System Can Push Employees towards Productivity

    coronavirus

    Wondering If You Need Masks in 2021? Read This

    whatsapp signal brian acton

    He was forced to sell WhatsApp to Facebook. Now, he has come back with Signal to dethrone WhatsApp

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
No Result
View All Result
TFIPOST
No Result
View All Result
  Newswire
Aurat Marches to take place across Pak 34 mins ago
TN polls: CPI-M, CPI to contest 6 seats each in DMK alliance 38 mins ago
Gurugram: Only 400 of 58,580 recovered patients donated plasma 38 mins ago
Meghan says Kate Middleton made her cry, not other way round (2nd Ld) 38 mins ago
Akhil Bharat Hindu Mahasabha to contest UP Panchayat polls 43 mins ago
Uzbek & Indian soldiers to start anti-terror drills on U’khand hills 43 mins ago
Next
Prev

‘We cannot let China destroy us,’ Spain, Italy and Germany are changing FDI laws fearing hostile takeover by China

China sees opportunity when countries are struggling

Amit Agrahari
by Amit Agrahari
9 April 2020
in Opinions
0
italy spain germany
2.7k
SHARES
84.1k
VIEWS
Sharre via FacebookShare via Twitter

Most of Western Europe is suffering from the worst public health crisis in its modern history, and it is safe to say that the economies of countries like Italy, Spain, and Germany have collapsed. Italy and Spain were already suffering a slowing economy and then came the Coronavirus pandemic, which brought these economies to halt.

With the fall in demand, the companies are unable to pay back the debt and are willing to sell a stake to anyone eyeing to invest. China, the country which spread the virus throughout the globe, has come back to normal, and opened up economic activities. Chinese government also announced billions of dollars as a stimulus to these companies, and therefore, coupled with a low policy rate, these companies have the leverage to spend money.

Now, Chinese companies, private as well as public, are looking to pump up investments in European companies. China already has foreign exchange reserves of more than 3 trillion dollars- equal to the GDP of India for 2019- and the government is flooding the Chinese companies with cheap capital so that they can buy foreign assets. Therefore, Chinese companies have requested investment bankers to crack a deal for investment in major European companies, at a time when Italian and Spanish companies are starving for capital.

As per a report by WION, many European countries including Italy, Spain, and Germany tightened their FDI rules to prevent a hostile takeover of their companies by Chinese firms.

European Union, the body which sets the general guidelines for FDI rules in Europe by non-EU countries- although it does not have the discretion to change FDI rules- issued new FDI guidelines keeping the damage done by Coronavirus in mind and vulnerable status of European companies, especially those of Italy, Spain, Greece, and Portugal. Investment in critical sectors such as healthcare, Energy, Finance, and defense is practically banned.

Spain, the country with the second-highest number of COVID-19 cases despite such low population, has capped the FDI limit in general companies at 10 percent. Italy has announced new rules for investment in strategic industries and completely shunned the takeover of such companies. Germany, too, has strengthened FDI laws to make foreign takeover harder.

In the last few years, many countries have economically colonized by China. Australia, the country for which China accounts for more than one-third of total trade, would be the best example. Australian PM Scott Morrison already said that he is thinking about the domestic economic sovereignty of the country amid the crisis.

Most of the Asian countries have already burnt their fingers in Belt and Road Initiative (BRI) projects already and therefore treading with caution, but the debt-ridden Europe, especially the countries on the southern part of the continent like Italy, Spain, Greece were over-enthusiastic about the project and are now paying with lives of their people. And in such a grim situation, China is selling them faulty medical equipments and trying to take over their companies.

As many countries like the United States and India, which used to be major investment destinations for China, are moving towards protectionism, the only big bloc which can absorb huge Chinese investment is Europe. And therefore, the Chinese companies are targeting debt-ridden European companies for takeover.

But with the strengthening of FDI rules, it seems, European countries have learnt their lesson, and would not trust China again. The cheap Chinese capital and its faulty products would have a buyer very soon if it keeps messing up the world like it did in the case of Coronavirus.

Tags: ChinaGermanyItalySpain
Share2683TweetSend
Previous Post

Men wearing PPE bury a ‘non-coronavirus’ dead body: Is Mamata Banerjee hiding Coronavirus cases in West Bengal?

Next Post

‘Ignore WHO, we shall listen to ICMR,’ How Modi govt sidelined WHO and averted a major crisis

Amit Agrahari

Amit Agrahari

Engineering grad but Humanities and social sciences are my forte. Avid reader of religious Scriptures (Especially Hindu), Lord Shiva devotee

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
TMC, Bengal, Mithun Chakraborty, Mamata Banerjee

Mamata had once made Mithun Chakraborty the villain of Bengal. Now Mithun is back with a vengeance

8 March 2021
Huawei, Airtel

As the world increasingly talks about ‘clean networks,’ Airtel goes ahead with a 300 Crore contract with Huawei. Not cool

8 March 2021
Congress, AIUDF, Assam

Congress’ decision to give 15 seats to AIUDF in Assam is splitting it right in the middle

8 March 2021
Modi, Bengal, TMC

PM Modi conducts what seems like the most successful rally in the history of Bengal. Bengal is poised to turn saffron

8 March 2021

Popular This Week

Ayesha, dowry, suicide
Trending

She hugged death smiling – Ayesha and the plight of faithful partners cheated in marriage

by Abhinav Singh
2 March 2021
Mumbai Police, Mansukh Hiren
Trending

The man who wanted to kill Mukesh Ambani has been found dead. The evidence suggests a major coverup by Mumbai Police

by TFIPOST News Desk
6 March 2021
modi biden
Opinions

No J&K and attack on Prime Minister Modi: Biden has crossed a line that he shouldn’t have

by Yash Joshi
5 March 2021
Saayoni Ghosh, Mamata Banerjee, TMC
Trending

Mamata has chosen a woke feminist who openly defiled Shiva Lingam to contest from the South Asansol constituency

by TFIPOST News Desk
6 March 2021
Laundrywood: Bollywood launders thousands of crores through production houses and it needs to be dealt with seriously
Trending

Laundrywood: Bollywood launders thousands of crores through production houses and it needs to be dealt with seriously

by Animesh Pandey
6 March 2021

©2021 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
TFI Official Merchandise
हिन्दी
  • About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST

©2021 TFI Media Private Limited