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Despite China’s growing involvement in Central and Eastern Europe, Beijing has not succeeded in making an attractive offer to the region’s EU member states.
On 8th September Glencore and Qatar Investment Fund announced that China’s CEFC would shortly finalise a transaction to buy 14.16% of shares in Rosneft.
On July 24-27 Russia and China for the first time ever conducted their annual naval exercises in the Baltic Sea.
Recent acquisitions of German companies by Chinese investors indicate that Germany is struggling to defend its interests.