Editor’s note: The US is not the only country concerned about weaponized incoming investment from China. Germany just blocked China’s acquisition of an advanced machine tool making company.
A Chinese company dropped its bid to acquire an advanced manufacturer in Germany after the German government prepared to veto the deal, reports Caixin Global.
[August 2, 2018 | Axios]
The big picture: U.S. lawmakers are already working to strengthen reviews of foreign investments, primarily to block Beijing from acquiring U.S. tech and defense secrets. The fear that Chinese tech investments will give Beijing an economic and national security edge is now hitting Europe, too.