The End of European Naivety: Difficult Times Ahead for SCEs/SOEs Investing in the European Union?
Article from: TDM 6 (2020), in State-Controlled Entities
Abstract
While being open to foreign investment, the European Union has witnessed some new investment trends which have recently raised important concerns and attracted political and public attention. In particular, the influx of Chinese foreign direct investment by State-controlled entities (SCEs) and State-owned enterprises (SOEs) in the EU has triggered a strong call for a screening mechanism in the still decentralised and fragmented EU environment. In response to this changing economic reality, the EU adopted in March 2019 a new regulation, which has entered into force in April 2019. The ...