China’s Direct Investment in Alternative Energy Sources in the EU

Every year the environmental problem is becoming more aggravated in the world. In particular, today an acute environmental problem is the pollution of the atmosphere with carbon dioxide. Responsibility for solving this problem rests on not only the developed countries, but also those countries that are the main “polluters of the planet”. China ranks first in the world in terms of carbon dioxide emissions for many years. Only under the pressure of the world community, the Chinese government has paid attention to environmental problems. Last years, China has been actively investing abroad. In view of this situation, the question becomes urgent whether China is investing in alternative energy sources or not. In this article, the authors analyzed the “green” policy of China regarding FDI abroad. The aim of the work is to identify how “green” Chinese investments have become in recent years, based on the analysis of Chinese FDI in EU countries over the past 15 years. The authors analyzed Chinese FDI in the energy sector of the EU countries and identified the place of the alternative energy subsector in the interests of Chinese investors. In the process of writing the article, authors used methods of comparative analysis, deduction and graphical method. The study found that China’s investment in the alternative energy sector of the EU countries has been actively supported by the state. But despite the increase in the share of FDI in the alternative energy sector over the past five years, it remains small.