EU lacks oversight on China's strategic acquisitions within union

The EU should strengthen its response to the Chinese state's investment strategy in the union, says the European Court of Auditors. Investments in the maritime sector are up, but there is a lack of regulations to safeguard Europeans against illegal state aid.

The Pelješac bridge in Croatia is one of the biggest infrastructure projects in Europe built by the Chinese. Chinese investments are on the rise in central and eastern European countries in particular, and the EU now deems China a "systemic rival". But there is now real overview of the extent of Chinese investments in Europe. Photo: Darko Bandic/AP/Ritzau Scanpix

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