Bertrand Benoit in Berlin and Mark Schieritz Berlin looks to vet foreign fund deals (Financial Times, June 25):
The German government is looking at setting up an agency to vet acquisitions by state-controlled foreign funds amid rising concern about the financial might of China, Russia and oil-producing countries.
Government officials told the Financial Times the finance ministry, economics ministry and chancellery were investigating whether foreign state-owned funds posed a national security risk. Officials are particularly anxious about any threat to take over German banks.
Should this be the case, Berlin could create a German equivalent of the US Committee on Foreign Investment, known as Cfius, the inter-agency panel that can recommend the US president block foreign direct investments it deems a threat to national security....
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