With Eyes on China, EU Agrees Investment Screening Rules

With Eyes on China, EU Agrees Investment Screening Rules
Chinese leader Xi Jinping (R) meets with European Commission President Jean-Claude Juncker (L) and European Council President Donald Tusk (2nd L) during a meeting at the Diaoyutai State Guesthouse in Beijing on July 16, 2018. Ng Han Guan/AFP/Getty Images
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BRUSSELS—The European Union on Nov. 20 provisionally agreed on rules for a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China, to end what a negotiator called “European naivety.”

Negotiators for the European Parliament and the EU’s 28 member states struck a deal to protect strategic technologies and infrastructure, such as ports or energy networks.