China wants to control foreign investment more harshly

The project, published Monday, extends the range of foreign investment covered by the existing national security review process in China. The proposed changes are in the wake of the fact that US authorities have stopped several Chinese acquisitions of US companies in recent years, writes the Financial Times.

However, the proposals also mean a number of changes that facilitate the investment of foreign investors in China, such as reducing the period during which it agrees not to sell listed shares of China. three to a year, writes the Financial Times.

In a, unsuccessful attempt to reduce trade tensions, the Chinese authorities announced in April that they planned to reduce barriers to foreign investment in the financial and automotive sector.

In recent years, more and more people have expressed their concerns about Chinese investments and acquisitions, and in the summer, the EU will launch negotiations on a Chinese investment control mechanism.

In Sweden, the number was put on the agenda in that the Chinese Geely, owner of Volvo Cars, entered at the end of 2017 as a major owner of the Volvo AB truck manufacturer . Shortly after, it was clear that Geely also bought a large German Daimler post.