Dependency on Beijing’s Goodwill
Toxic Mix of Private Business, Politics and Chinese Influence Operations in CEE
The European Commission has approved of a very important merger - between a powerful Chinese ally and Czech billionaire, Petr Kellner and the influential media group, Central European Media Enterprises. This could result in the manipulation of public opinion in favour of China all over the CEE region. What leverage has Beijing on Kellner? What are the security consequences of this merger for the EU? And why should the West care?
On October 28, 2019, PPF Group announced that its fully owned subsidiaries signed an agreement to acquire CME, an influential media group operating in the CEE region. A Special General Meeting of Shareholders confirmed the acquisition on the February 27 in Bermuda.