Chinese Takeovers. The Red Scare

Chinese Takeovers (STILL)

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Pushed by Beijing to expand abroad, Chinese companies invest heavily in Europe, Switzerland included. Their goal? Multiplying the acquisition of prestigious brands with a know-how they can then reuse as part of their strategy.Some of the flagship of the Swiss economy were bought at a high price, like the agrochemical giant Syngenta, for $ 43 billion. Other sectors including luxury watchmaking, metallurgy or the oil industry were also targeted. And often a similar scenario seems to be played out: a brief honeymoon period followed by a reality made of vigorous management, unpaid social charges and union repression. Do Chinese takeovers endanger the economic independence of democratic countries?

52 min
French, English subtitles