The influence of China is more and more present in France

For ten years without warning, France has lost entire sections of its entire economy. We still have in mind the invasion by the Gulf countries in real estate, finance, luxury, in particular Qatar highlighted by PSG.

But it is another country much more powerful and disturbing which has “infiltrated” more powerfully in France (and not only) in almost all sectors of activity without making noise: CHINA

Almost all branches of activity are affected by takeovers of groups, companies, shareholdings and even establishments.

Hotels, Automotive, Football, Airports, Vineyards, Grain lands, Luxury, Energy, Media, Ports, Food, Leisure, Plastics, Clothing, Airline , Components, Private Equity, plus all other direct locations. In 2019, this represented more than 600 Chinese companies present in France.

Below, the most important buybacks or shareholdings presented by branch of activity.


Club Med: Fosun International bought in 2015, 22.99% of the capital and all the remaining shares at a price of 24.60 euros, ie a capitalization of 939 million euros.

Accor Hôtel sold 5% of the capital to Group Limited HTBT for $ 451 million. Since Huzhu titles were multiplied by 4.5.

The Louvre Hôtel Group with Campanile, Kyriad, 1st Class, Golden Tulip, was taken over by the conglomerate Jin Jiang and bought from the Starwood fund for 1.3 billion euros.


Air France KLM in 2017: China Eastern Airlines takes 8.8% of the capital (by joint venture) plus 4 billion euros in 2021 and 3 billion by the French state.

Blagnac Airport in 2015, buyout of 49.99% of the capital or 309 million euros by Shandong HI Speed ​​and a Hong Kong Fund.

The Châteauroux Air Base, 460 Ha purchased by SFECZ-Beijing Capital: 20 million euros out of 200 million programmed.

The port of Le Havre, 15 Ha purchased by Hsueh Sheng Wang for 8 million euros and 14 million for renovation, to create an import-export center to China.


The Saint Hubert margarines (Omega, Omega Bio, Le Fleurier) from the Nancy plant were purchased in 2017 by Fosun and Sanyuan for 430 million euros.

The brands Aosta, Cochonou, Justin Bridou are bought in 2013 by the juggernaut Henan Shuanghui with Smithfield for 4.7 billion dollars and even 7.3 billion with debt.

The Coopérative d’Issigny (Normandy), Biostime (Synutra China) is investing 20 million euros on the site and taking 20% ​​of the capital to produce milk powder, of which 20,000 tonnes are purchased for the Chinese market. A second site is being set up with a new laboratory.

Good Goût, organic infant nutrition was taken over in 2017 by the Chinese H&H Group (Health & Happiness), a specialist in probiotics and infant nutrition. This buyout will increase the turnover from 18 million euros to 60 million in 2022.

The Chinese Ynutra built in 2016 in Carhaix-Plouguer (Finistère) the largest dairy in Europe. In 2019 following difficulties, the French group Sodiaal took over the transformation activities of the site.


Olympique Lyonnais in 2016 sold 20% of the capital to IDG.

OGC Nice sold 80% of its capital in 2019 to Chien Leen and a Sino-Us.

FC Sochaux sold 100% of its capital to Ledus Tech Pro T in 2015.

AJ Auxerre took over in 2016 by ORG Pg for 7 million euros.

In Europe in three years, around thirty Clubs have gone partly under the Chinese flag, the main ones: In Italy the two Milans, in England Manchester City, in Spain Atlético de Madrid…


Lanvin, the oldest Parisian fashion house being in great difficulty: Fosun acquired the majority of the capital in 2018.

The SMPC Group: Maje, Sandro, Claudie Pierlot, De Fursac has been taken over by Shandong Ruyi.

The shoemaker Robert Clergerie in 2011 and the Sonia Rykiel label were taken over by Li & Fung Brands. The latter, in bankruptcy, was taken over by Showroomprivé (French).

The Zannier Group bankrupted in 2016: Marques Chipie, Lili Gaufrette, Z, were acquired by Zheji under the name Kidilitz. The same Kidilitz (children’s fashion): Catimini and Absorba, Kenzo Kids and the above-mentioned bankrupt brands too, was bought by the Semir group in 2018.

The perfumer Marionnaud (1300 points of sale) with a debt of 500 million euros was taken over in 2005 by the AS Watson Group.

Les Cristalleries de Baccarat, born in 1764 under Louis XV (1,200 employees), were taken over four times from 2005 to 2018, then in 2020 the Chu family threw in the towel. The Tor Group in 2020 (5 international funds) acquired a 97.1% stake.

Industry and the like

In 2011 GDF SUEZ sold 30% of its Operation-Production branch to the Chinese fund CIC for an amount of 2.3 billion euros.

PSA Peugeot-Citroën in 2014 opened its capital to Dongfeng, an automobile giant which has disbursed 800 million euros, like the French state, ie 14% of the capital for each.

The Chinese CITIC Capital bought in 2018, AXILONE Plastique (56 Auray) for $ 580 million (plastic injection, aluminum stamping for perfumery, cosmetics).

LINXENS, a specialist in biometrics and components for antennas and RFID tags, was taken over in 2018 by Tsinghua UG for 2.2 billion euros.

UBISOFT 1.7 billion euros in turnover: Tencent acquired in 2018, 5% of the capital after the departure of Vivendi.

PAREF Gestion Immobilier bought out in 2017 (simplified takeover bid for half of the capital = 50.01%) by Fosun, i.e. 44 million euros.

The Huawei Group based in Boulogne, Apple’s first Chinese competitor, already has four R & D centers in France.

The huge Alibaba Group created in 1999, (72 billion dollars in 2020 and 21 in profit) the largest online B2B commerce platform in the world, has been based in Paris since 2016. (Cloud Division)

Since 2017, it has opened the AliExpress brand, 150 locations including the first in Madrid and its logistics company Cainiao (75 million deliveries / day), it also owns Autonavi, a mapping and geolocation company, a major daily in Hong Kong and is also launching into the hotel industry….


More than 140 Bordeaux vineyards bought by Chinese groups including 3 Châteaux by Jack Ma from Alibaba.

3000 ha between 2014 and 2017, purchase of cereal land (organic wheat) in Berry (Indre and Allier) by Hong yang, Beijing and Reward Intl.

In 2015, Château La Bastide à Escales, 57 hectares in AOC Corbières and IGP Pays d’Oc, should be the first Languedoc wine estate sold to a Chinese group, it produces on average 3,300 hectoliters of AOC Corbières and IGP Pays of Oc.

FYI, China already exploits more than 10 million hectares of land outside China.

The Chinese are already 600,000 settled and working in France.

But the most important expansion of China is happening in Africa in all areas, starting with financial aid and becoming the first partner with a strong advance in the Maghreb.

France, which was previously very involved, has completely lost its footing.

The other big threat to the world is its digital currency.

The interest of a Chinese e-yuan or a Chinese CBDC is obvious for the Chinese authorities to whom such a digital currency will allow to establish a little more the social control that the country imposes on its population and then on that of the world. . Yes, this Chinese cryptocurrency will potentially threaten the supremacy of the dollar.

What about China, the first nation affected by the pandemic, which achieved a feat in 2020, being the only positive world economy with 2.3% growth and 6.3% expected in 2021 and even a GDP that could exceed that of the United States in 2028, or even 2026. A crazy economic acceleration.

Therefore, the question that we are entitled to ask is that of knowing “who benefits from the” crime “? or as we say in Latin: cui bobo, helps us here to get an answer.

How far will China go?

How quickly will its invasion become unbearable?

The future will tell !