Brussels: EU to Monitor Chinese Economy Takeover Moves

By in

Last week, the EU announced it had made huge progress towards closing the blind spot with China and the tightening of its inspection of foreign appropriations in strategic business sectors such as communications and AI (artificial intelligence) after growing concerns about investments by China.

The EU have adopted a proposal submitted by the European Parliament, whereby EU member states will pledge to share any relevant information regarding foreign investment to other European countries if security or public order are threatened.