22-06-2017 21:03 via uk.news.yahoo.com

At EU summit, Macron pleads for limits to foreign takeovers

By Robin Emmott and Michel RoseBRUSSELS/PARIS (Reuters) - French President Emmanuel Macron vowed on Thursday to convince China's closest allies in Europe that curbing foreign takeovers in strategic industries was in their interest, warning EU governments not to be naive in global trade.Smaller eastern and southern European economies that are dependent on Chinese investment have rejected any steps against Beijing, even going as far as to block EU statements criticising China's human rights record
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