The Chinese economy: a radical transformation

After years of hypergrowth, China has embarked on a transformation that is very real but fraught with risks, particularly on the real estate, debt, yuan and industrial fronts. This does not prevent it from continuing to invest massively abroad. Having long set its sights on emerging countries, the Asian giant is now resolutely turning its attention to Europe. But every Chinese operation on the Old Continent, from Milan's Inter to the Greek port of Piraeus, arouses suspicion.