On May 11, 2024, Chinese President Xi Jinping’s visit to Europe has left European companies feeling even less confident as corporate investment interest in China hits a record low. Despite Xi’s efforts to redefine the international structure, analysts believe this goal may be impossible to achieve.
The European Chamber of Commerce survey has revealed a significant decline in corporate interest in investing in China, marking the lowest levels on record. China’s exports to Europe have also seen a notable decline, prompting Xi Jinping to seek ways to improve trade relations between the two economic powerhouses.
In addition to economic concerns, China’s plans to float nuclear reactors in the sea have raised alarm for regional security. The United States is closely monitoring these developments, as the uncertainty surrounding China’s nuclear ambitions poses a potential threat to stability in the region.
Xi Jinping’s visit to Europe may have been intended to strengthen ties and reshape the global order, but it appears that his efforts have only served to deepen existing tensions and concerns. As China continues to assert its influence on the world stage, the international community remains wary of the implications of China’s evolving role in global affairs.