Bloomberg Law
May 25, 2023, 6:38 PM

US Push for Controls on Investment in China Hits EU Resistance

Jorge Valero
Jorge Valero
Bloomberg News

The European Union is cautious about imposing controls on investments into China, despite encouragement from the US to develop tougher legal tools.

At a meeting in Brussels on Thursday, EU trade ministers discussed their misgivings about the plan to monitor investments that could pose a risk to European security, according to officials familiar with their conversations. Similar concerns were voiced at a meeting of EU ambassadors on Wednesday, the people said.

“We are in the early stages of the discussion and will require substantial engagement with member states when the work is more advanced,” Commission Vice President for Trade Valdis ...

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