Monday, April 20, 2020
Complicated and seemingly unpredictable, recently reinvigorated Czech-Chinese relations largely depend on the political elites in power and the politico-social scene. They are now at freezing point, reflecting not only unfulfilled expectations of Chinese investments and the COVID-19 pandemic, but also the Czech identity’s deeply rooted elements and values.
- Czech businesses and entrepreneurs will pursue a more cautious approach when engaging with Chinese partners.
- As one of the most significant participants, the shifting Czech position will affect the format and continuation of China’s 17+1 initiative.
- Chinese investments will remain negligible, compared to EU structural funds and West European investment.