Reported about 1 year ago
As the Russia-Ukraine war escalates and tensions rise between Europe and China, European countries are increasingly wary of the national security threats posed by Chinese industries. With 16% of Sweden's wind power owned by Chinese enterprises, concerns are mounting over energy risks. Despite reassurances from Swedish officials that laws in Sweden and the EU can handle potential threats, the involvement of Chinese state-owned enterprises like CGN Group has raised security alarms. The investments have also faced scrutiny for their economic risks, including complex ownership structures, lack of financial transparency, and substantial debts.
Source: YAHOO