China-EU FDI Radar
The China-EU FDI Radar is an on-going research initiative aimed at providing greater transparency on Chinese investments in Europe. It currently covers 750+ acquisitions from 2010 up to the present. The data is made available to the public in an interactive map, indicating the level of Chinese state-influence for every acquisition. This indication is provided based on analysis of the ultimate beneficial ownership (UBO) by Datenna.
China-EU FDI Radar
The China-EU FDI Radar is an on-going research initiative aimed at providing greater transparency on Chinese investments in Europe. It currently covers 750+ acquisitions from 2010 up to the present. The data is made available to the public in an interactive map, indicating the level of Chinese state-influence for every acquisition. This indication is provided based on analysis of the ultimate beneficial ownership (UBO) by Datenna.
Click here for the full version of our: China-EU FDI Radar
Making Chinese acquisitions in Europe more transparent
To determine the level of state influence, we used our proprietary algorithm which takes into account the entire shareholder structure, shares being pledged, level of state-control of any investors and other relevant factors. Since we developed this algorithm in-house, the indication of the state influence is to be considered as our professional opinion and should not be used for any investment screening decisions without additional deliberation with us. We are constantly updating the radar with new acquisitions. If you are missing data or spot a mistake, please notify us.
Chinese State-influence
Overall our research indicates 188 acquisitions where the Chinese State has a high level of influence (~25%). An acquisition with a high level of government influence (red dot on the map) means that the ultimate controlling shareholder is part of the Chinese government, for instance the State Council of the People’s Republic of China. Additionally for 121 acquisitions (15%) the level of state influence is categorized as medium (orange dot on the map). In these cases the Chinese government has a substantial stake in the acquiring company, but might not necessarily be seen as controlling. Finally, the majority of acquisitions (60%) has a low level of state influence (yellow dot). This indicates the Chinese government has no substantial influence in the acquiring company.
Sectors
With 83 acquisitions the machinery sector is the most popular among Chinese investors in Europe. Other large categories are energy, consumer products, automotive, health, electronics and ICT.
Countries
With 189 acquisitions Germany is the country with by far the largest amount of Chinese acquisitions. Other countries with many deals are the UK, France, Italy, The Netherlands and Sweden.