Report on “Chinese investment in Europe-2015"


Chinese investment in Spain is a recent phenomenon steadily growing, particularly in sectors with great added value. This is one of the main conclusions reached by the report on “Chinese investment in Europe (2015)” drafted by ESADE Business & Law School, in cooperation with Cuatrecasas and KPMG. The report highlights that 93.8% of Chinese direct investment in Spain since 2000 (€1.7 billion) was carried out between 2012 and 2014. Of this figure, €610 million correspond to 2014, a figure that could be improved on at the end of 2015 thanks to important transactions recorded during the last six months in the real estate, hotel and food and beverage sectors. 

The report was presented at the ICEX headquarters in Madrid, at an event in which Cuatrecasas partner Miguel Ángel Melero participated; he joined other speakers, including the former ambassador to Spain in China, Eugenio Bregolat; Zhu Wei, finance director at Wanda Madrid; and Juan Chinchilla, country general manager Iberia at Lenovo.

Miguel Ángel Melero emphasized the idea that “Spain, given its legislation, is a good entry point for Chinese investment in Latin America.”  Thanks to the report, the participants also learned that the Spanish business climate is assessed very positively in this aspect. The training of human resources and the quality of infrastructure, particularly ports and airports played an important role in this result. At the other end of the scale, however, Spain suffers from excessive regulation and heavy tax burdens. Brand recognition and the level of competitiveness of local companies are highlighted as the main challenges for the future. However, 90% of companies polled consider these challenges to be satisfactorily met.

Link: Report on “Chinese investment in Europe 2015-16”