Germany to tighten foreign investment rules for critical sectors

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Germany to tighten foreign investment rules for critical sectors
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Germany plans to screen non-European investors that want to buy into firms in hi...

BERLIN - Germany plans to screen non-European investors that want to buy into firms in high-tech sectors such as robotics and artificial intelligence in a move widely seen as targeting Chinese state-backed investors.

While China is not mentioned in the document, German and European Union officials have repeatedly said they want a fair playing field with China, which they accuse of shielding its own companies from foreign investors. Under the new rules, investors in sectors including artificial intelligence, robotics, semi-conductors, biotechnology and quantum technology would have to make public any purchases of 10% or more and allow Germany to check them.

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