Geopolitics: Bulwark against China: Reiche wants to protect German companies from unwanted investors with a new law
The minister wants to prevent China from strategically buying into the German economy. The draft of the "Investment Screening Act" is exclusively available to Handelsblatt.
German Economy Minister Katherina Reiche has introduced a new law aimed at protecting the country's economy from foreign influence. The proposed "Investitionsprüfgesetz" tightens rules on investment reviews by the Economy Ministry, making it easier to reject deals and adding more industries to a list of critical sectors. The law would also introduce checks on buyers from European partner countries for the first time.
The move comes amid growing concerns over national and economic security, with many critical deals involving investors from outside the EU, particularly China. The law would consolidate and strengthen existing rules, which are currently scattered across legislation.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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