Freie Abgeordnete

How Beijing Is quietly infiltrating Western energy systems in Portugal, Spain, Germany, UK, etc

The Financial Markets are always looking for secure investments with guaranteed return from consumer business (Warren Buffett strategy).

Around 2000 US investors bought European city infrastructure for fresh and waste water, telecom networks, railways, etc. This was triggered by tax discounts granted from US government.

The cities had to buy back their infrastructure, the US tax discounts were stopped .

However, the „free market ideology“ and the greed of European politicians to get money for their projects resulted in sell out of the state owned infrastructure.

China stepped in and bought Hightech Companies e.g. Putzmaster (beton pumps, KUKA robots) but mainly large power grid companies e.g. in Portugal and Spain but also large solar and wind parks e.g. in UK and Germany. China is certainly in a good position to sell their power grid products.