Acquisitions of European Companies as Examples of Chinese Foreign Investment

Authors

  • Rafał Koszek Uniwersytet Pedagogiczny w Krakowie, Instytut Geografii,

DOI:

https://doi.org/10.24917/20801653.314.9

Keywords:

acquisitions, capital flow, China, Europe, investment

Abstract

In recent years we have observed a more and more intensive capital expansion of Chinese companies. A manifestation of this process are the acquisitions of European companies whose value and number is constantly growing. The main objective of Chinese investment in Europe is gaining access to production technology that is in the possession of advanced companies. This is necessary in connection with the reforms currently undertaken by the Chinese authorities. An important motive of acquisitions is also the desire of acquiring well-known brands, in order to improve the image of the products manufactured in China. Together with the increase of the value and number of acquisitions of European enterprises, there is a visible diversification of sectoral activities of the acquired businesses. This may be a sign of a positive trend and indicate a high potential of Chinese investors. Despite the fact that companies from the Middle Kingdom are new players on the European foreign investment market, for many crisis-ridden companies from western countries they are an important source of capital necessary for further operation.

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Author Biography

Rafał Koszek, Uniwersytet Pedagogiczny w Krakowie, Instytut Geografii,

Rafał Koszek, M.Sc., Ph.D. candidate, Pedagogical University of Cracow, Institute of Geography. Author’s research interests concern three main fields: Chinese economic growth and its influence on other regions, especially on the European countries; history and contemporary development of the St. James Way; financial geography. In the academic year 2014/2015 awarded with the Fellowship of Ministry of Science and Higher Education for outstanding academic achievements.

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Published

2017-12-21

How to Cite

Koszek, R. (2017). Acquisitions of European Companies as Examples of Chinese Foreign Investment. Studies of the Industrial Geography Commission of the Polish Geographical Society, 31(4), 133–147. https://doi.org/10.24917/20801653.314.9