EU Countries Back Investment Screening Plan With China in Mind
China's Premier Li Keqiang (2nd R) looks over to European Commission President Jean-Claude Juncker (C) as they attend the China-EU Business Roundtable at the Great Hall of the People in Beijing on July 16, 2018. Ng Han Guan /AFP/Getty Images
BRUSSELS—European Union countries agreed on Dec. 5 to a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China.
Under the plan, developed in the wake of a surge in Chinese investments, the European Commission would investigate foreign investments in strategic technologies and infrastructure such as ports or energy networks.
