The purpose of the article is to study the investment activity of China during the pandemic when the volume of investments around the world began to decline. The article provides a brief overview of China’s investment activities in Europe over the past fifteen years. The main mergers and acquisitions in Europe during the pandemic were analyzed in detail. In the process of writing the article, general scientific research methods were used (analysis, synthesis, grouping method and graphical method). The statistical base was the data of the American Enterprise Institute, UNCTAD, Reuters, and BBC. Every year the role of China in the world economy is increasing; the Chinese government is skillfully using the main instruments of globalization to strengthen its influence in the world. Foreign direct investment is one of the main tools for China to achieve leading positions in the global economy, and in particular in the high-tech sector. During the pandemic, Chinese investors continued to invest in European countries. China chose to invest in the sectors, that most needed funding during the crisis. © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022.