Europe needs to screen Chinese investment - Financial Times
The biggest benefit of a review system is that it would stimulate policymakers and experts to consider the implications of proposed investments from China and other emerging economies. Problems to be addressed include identifying which entities are vital to European security, what level of Chinese investment constitutes an undesirable influence, and what the benefits of foreign investment are in relation to national security interests. The main issue is not the Chinese taking over European companies of great strategic importance; it is how to respond to the longer-term accumulation of economic power in Europe by a country such as China.
Co-authored with Maaike Okano-Heijmans. This article was first published on the Opinion page of the Financial Times. It also appeared as on-line publications by East Asia Forum and the Clingendael Institute.
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