Germany wants tighter foreign investment controls amid China 'de-risking'

BERLIN : German Economy Minister Robert Habeck wants to tighten the process for reviewing foreign investments with a new law that would aim to enhance economic security, according to a ministry document seen by Reuters on Sunday.

It also reflects a broader push in the West to reduce strategic dependence on China - which policymakers have labelled"de-risking" - amid concerns about increasing Chinese expansiveness in the Indo-Pacific region and about broader possible supply chain disruptions. "Investment reviews have gained enormously in importance in Germany, Europe and internationally in recent years," the document said.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US slaps tariffs on some big solar companies for dodging China dutiesThe United States on Friday (Aug 18) will finalise a decision to impose import duties on solar panel makers who finished their products in Southeast Asian nations to avoid tariffs on Chinese-made goods, according to a senior Commerce Department official. The decision, which largely mirrors a preliminary fi
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »