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by forkLding 2603 days ago
You can actually gain a lot from investing in "poorer" Eastern European countries, like a lot of tech outsourcing occurs there because the intellecutual labour is much cheaper yet the quality of work is comparable to Western European standards.

A lot of products or scientific research can be made at a much cheaper price in East Europe and maybe even at a higher quality. The issue for Western European countries is that they don't need to and likely don't have the huge budget that China has to put into foreign investment. Also although China may seem like it is investing a lot, it's not much in terms of its budget so it seems much more affordable to China.

Also China is also investing in Western Europe as well, they are more or less doing a scattershot approach as can be seen by the German acquisition. Its probably just that Western Europe isn't as receptive and doesn't need as much.