Europe needs to screen Chinese investment - Financial Times
14-08-2009
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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