China shock 2.0: Should Europe repel Chinese investment?

Financial Times: But existing plans for Chinese-owned factories have sparked concerns about Beijing’s reluctance to let its companies share their intellectual property. CATL, for example, is building a €4bn plant for electric vehicle batteries in Spain in partnership with Stellantis. Although the Chinese company has said it is ready to train local workers and assist European battery makers, labour unions have doubts about its willingness to allow genuine technology transfer…