@article{2019:gottwald:das_ende_d,
title = {Das Ende der Naivität gegenüber China? Die Reform des europäischen Investitionskontrollregimes},
year = {2019},
note = {The European Union (EU) has introduced measures to better screen
investments from third countries, in particular by enterprises and
state actors of the People’s Republic of China. These measures
highlight the profound change in bilateral relations which have turned
from “strategic partnership” into “systemic rivalry”. Reacting
to new Chinese policies of foreign trade and investment, the EU
followed a revision of investment screening policies in the US. The EU
has overcome deep splits among member states and established a new
legal framework at the supranational level that leaves the ultimate
screening and decision-making power to the national level. This paper
identifies the changes in Chinese investment and investment policies
and highlights key contents of the US legislation on investment
control before discussing the new EU framework. It interprets the new
measures as further examples of an increased reliance on state
policies instead of market forces - by all partners involved.},
journal = {integration},
pages = {134--148},
author = {Gottwald, Jörn-Carsten and Schild, Joachim and Schmidt, Dirk},
volume = {42},
number = {2}
}