EU countries should buy stakes in companies to counter the threat of Chinese takeovers, Margrethe Vestager, the European Commission’s executive vice-president for competition policy, told the Financial Times on 12 April.
This illustrates the EU’s efforts to protect its businesses from the negative effects of the coronavirus pandemic.
The economic crisis caused by the pandemic has increased the vulnerability of EU companies to potential foreign bids.
According to Ms Vestager, “we...