What is it about?
This article is a brief analysis of China and its economic diplomacy regarding Portugal, as a Member State of the European Union. The main focus is on the influence that China have had upon the Portuguese economy in the last decade, with a particular attention on the Chinese investment in the Portuguese energy sector. The consequences for Portugal of an economic and strategic dependence on China in a world where the US‐China rivalry is growing are also object of the analysis.
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Why is it important?
Although Chinese investments in Western countries have been the subject of interest in several studies, the Portuguese case has not been adequately addressed. This article thus contains an innovative, albeit succinct, study on Chinese investments in the Portuguese economy which, in relation to the size of GDP, are among the highest in Europe and have also a geopolitical dimension.
Perspectives
This article contains useful information to better understand China's economic strategies and investment policies in the European Union. The Portuguese case is a very important one, as it is the European country that has the oldest relations with China, dating back to the 16th century, due to the Portuguese presence in China (Macau).
José Pedro Teixeira Fernandes
IPRI- Instituto Português de Relações Internacionais da Universidade Nova de Lisboa
Read the Original
This page is a summary of: Siren song: Chinese economic diplomacy regarding Portugal (the case of the energy sector), Journal of Public Affairs, June 2020, Wiley,
DOI: 10.1002/pa.2203.
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