1 of 1
Story summary
- Chinese firms are building battery gigafactories and car plants across Spain.
- ICEX reports Chinese investment is surging while U.S. investment fell about €1 billion.
- Analyst Cortizo says Spain could become Beijing’s preferred European hub after Hungary’s policy shift.
- A Pew poll shows 54% of Spaniards favor China versus 30% who favor the United States.
- President Donald Trump threatened Spain’s prime minister with sanctions over defense spending and base use.