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Chinese Investments in the EU

In: Chinese FDI in the EU and the US

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  • Jyrki Katainen

    (European Commission)

Abstract

When we created the largest world market between 28 member states, we showed in the European Union (EU) that the free flow of ideas, goods and people can contribute decisively to achieving long-lasting peace and prosperity. Competition promotes innovation, increases the choice for consumers and reduces prices through economies of scale and specialisation. While building the EU single market, we have also paid great attention to ensuring fair competition through the adoption of strong rules against cartels, abuse of dominant positions and discipline on subsidies, and by eliminating many non-tariffs barriers between member states by adopting converging policies and standards in many fields, from agriculture to industry, services and the environment, or in basic social standards.

Suggested Citation

  • Jyrki Katainen, 2019. "Chinese Investments in the EU," Springer Books, in: Tim Wenniges & Walter Lohman (ed.), Chinese FDI in the EU and the US, chapter 0, pages 15-20, Springer.
    • Handle: RePEc:spr:sprchp:978-981-13-6071-8_2
    DOI: 10.1007/978-981-13-6071-8_2
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