Money talks: How states engage in narrative practices to legitimize policies aimed at Chinese foreign direct investment
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2023-06-23
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en
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Chinese investment in Ewope ha. skyrocke.ted in the last decade. During this period. Chinese companies acquired a substantial amount of companies in the European Uni on. \Vhile initially these investments were welcomed by European nation.s, skepricism grew during the decade. An increasing number of govemments took measures against unregulated Chinese investment in their countries and some pushed for European wide reförms. \Vhile pre\ous research has
föcu.ssed on the oonsiderations which make Euro;pean states skeptical of Chinese invesonents, rew researchers have föcused on how societies make sense ofthis new phenomenon and how states legitimized new policies. Therefore, this thesis asks the following research question: How do European states engage in narrative pracrices to make sense of Chinese FDI and /egitimi=e policies?
This thesis employs a narrative pracrice tbeory lens to the cases of Germany and France in the period 20 l0.2020 to answer this question. By treating the narrarives in which states engage to legirimize their policies as narrative practices. this thesis obtains a synergy between an approach focu.ssed on either narrarives or pracrices separately. The results show that both states engage in compering narrative pracrices with domesric industrial actor.;. In the case ofGermany, limited agreement is reached, while in the french case both sides come to a somewhat comprehensive agreement. This aUows both states to regulate Chinese investments on a national level and push for reforms on the European level.
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Faculteit der Managementwetenschappen