Partner
Agatha Kratz is a Partner at Rhodium Group, leading the firm's corporate advisory work.
ChinaShe also leads its research on European Union-China relations and supply chain diversification in an era of intensifying geopolitics. She also contributes to Rhodium’s work on China’s global trade and investment, and industrial and technology policy.
Agatha holds a Ph.D. from King’s College London, on China’s railway diplomacy. Her previous positions include Associate Policy Fellow at the European Council on Foreign Relations and Editor-in-Chief of its quarterly journal China Analysis, Assistant Editor for Gavekal-Dragonomics’ China Economic Quarterly, and Junior Fellow at Asia Centre in Paris.
Report
Building on a long-standing collaboration between Rhodium Group and MERICS, this report summarizes China’s investment footprint in the EU-27 and the UK in 2025, analyzing policy developments and the shifting patterns in China’s FDI.
Note
Most countries in the Western Hemisphere are not competitive for ex-China diversification, and in the few that are, like Mexico, costs are rising. Reorienting supply chains to the region will therefore be a necessarily gradual effort.
Commentary
The cost of confronting China will be high. But the cost of waiting—for Europe’s economy, security, and sovereignty—could be far higher.
Note
With European automakers under increasing pressure, the European Commission is considering new tools to restrict market access, safeguard jobs, and buy time for domestic producers, especially via local content requirements.
