December 16, 2018

Germany is tightening rules to make it harder for non-European companies to buy stakes in German firms without its approval, signaling growing concern in Berlin about China’s push to acquire key technology and know-how.

China’s aggressive plans to purchase assets around the world has forced a series of countries to take steps to screen the investments, many times blocking them. The European Union has recently agreed to establish a common framework to tackle the issue. In the U.S., Congress has moved to strengthen the vetting procedures for transactions involving homegrown technology.

Despite that, U.S. national security officials have warned Beijing continues to exploit U.S. technology to develop its own economy, heightening tension between the two countries currently spatting over trade.

Read more:

https://www.wsj.com/articles/germany-tightens-foreign-acquisition-rules-amid-chinas-push-for-technology-deals-11544969293