What happened in China This story doesn't start in Beijing. It starts in a town of around 1,300 people in northeastern Spain — and it illustrates, more clearly than any think-tank report, what Chinese industrial strategy looks like when it lands on European soil. CATL, the world's largest EV battery maker, broke ground on a battery plant in Figueruelas, Zaragoza, in November 2025. The plant is a joint venture with Stellantis — the automotive group that owns Opel, Peugeot, and 12 other car brands — and represents a $4.5 billion investment, or €4.1bn ($4.8bn) depending on the source. More than €300m of that is backed by European Union funding. To build it, CATL deployed 2,000 Chinese experts to Figueruelas. The town had a population of around 1,000 people at the time of reporting. That means the incoming Chinese workforce will triple the town's population for the duration of building…