Rhodium Group and MERICS have released a report on Chinese investment in Europe in 2021. The report shows that Chinese FDI in Europe remained at an 8-year low, with a focus on venture capital and greenfield investments. The Netherlands became the top destination for Chinese investment in Europe due to a Hillhouse Capital mega-deal. The report also notes that investment share of China's state-owned companies dropped to a 20-year low and that bulk of investment is concentrated on consumer goods and automotive. European countries continue to tighten investment screening regimes. The authors conclude that the era of massive Chinese investment seems over for now.