France Tightens Controls on Chinese Investment to Protect Tech

  • Macron says EU doesn’t have to be ‘totally open’ to China
  • EDF, Safran sign deals, while Areva lines up nuclear contract
Lock
This article is for subscribers only.

France is tightening controls on Chinese investment to limit access to its technology, Finance Minister Bruno Le Maire said on an official visit to Beijing.

“If investors come to France or Europe only to gain access to the best technology without benefiting France or any other European country then they are not welcome,” Le Maire told reporters over a lunch with reporters also attended by President Emmanuel Macron. “There are looters in every country, and all of them need to understand that Europe has the means to protect itself.”