Investment Screening Reforms in the U.S. and EU: A Response to Chinese Activity
Investment Screening Reforms in the U.S. and EU: A Response to Chinese Activity

Author(s): Justyna Szczudlik, Damian Wnukowski
Subject(s): Supranational / Global Economy, Economic policy, International relations/trade, Financial Markets, Corruption - Transparency - Anti-Corruption
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: United States; European Union; reviewing foreign investments; investment screening; strengthen transatlantic relations; threat to the competitiveness;
Summary/Abstract: The U.S. has expanded the competences of the institution responsible for reviewing foreign investments and the EU has completed the procedure of implementing a similar mechanism (screening). Both processes are in reaction to the investment activity of Chinese entities, including takeovers of high-tech companies. The Chinese actions pose a potential threat to the competitiveness of other countries’ economies and even their security. The EU screening mechanism can help protect against these practices and is also an opportunity to strengthen transatlantic relations and contribute to the development of a common U.S. and EU position on WTO reform.

• Details
• Contents