With eye on China, EU parliament pushes tougher line on investments

The move would give the European Commission broader powers to investigate foreign investment.

By Noah Barkin and Philip Blenkinsop, Reuters May 23, 2018
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BERLIN/BRUSSELS — Members of the European Parliament are nearing agreement on a proposal that would broaden the powers of the European Commission to scrutinize foreign investments amid rising concern about Chinese acquisitions on the continent.

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