There have been a few positive steps in various areas lately. Clearly it is far too early to see how those get implemented in depth and width and how they will work. I will write a longer comment in the next days.

A short video shows Chinese buying, effectively, a good deal of European security. This is just one example of the 'attraction value' of soft power. Perhaps more revealing then the property market are the investments in classic Portuguese agricultural business such as vineyards and pig farms. High-quality 'European' food has become increasingly attractive for the better off due to the status and all those scandals in China. This snippet pales of course in importance compared to problems above, but it fits nicely into the narrative.