THE number of deals between China and Europe has fallen over the last two years, with a report from the European Commission indicating there are governments that haven't implemented increased screening of foreign deals and investments, reports Bloomberg News.
Although 24 nations either have rules in place or are working on them, three eu member states, Bulgaria, Croatia and Cyprus, haven't revealed any legislation to scrutinise outside investments.
China's merger and acquisition transactions in Europe fell 63 per cent in 2020 from the previous year and made up 2.5 per cent of all deals compared to four per cent the previous year.
EU governments have been concerned over Chinese investment for several years, causing rules that require foreign investors to notify deals that might touch on sensitive areas such as defense.
SeaNews Turkey
Although 24 nations either have rules in place or are working on them, three eu member states, Bulgaria, Croatia and Cyprus, haven't revealed any legislation to scrutinise outside investments.
China's merger and acquisition transactions in Europe fell 63 per cent in 2020 from the previous year and made up 2.5 per cent of all deals compared to four per cent the previous year.
EU governments have been concerned over Chinese investment for several years, causing rules that require foreign investors to notify deals that might touch on sensitive areas such as defense.
SeaNews Turkey