With eyes on China, EU agrees on investment screening rules

November 21 2018

BRUSSELS--The European Union on Tuesday 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.