As Chinese investment into Ireland surges, Dublin tightens the rule book     

DUBLIN — Ireland's foreign investment rules are being updated as Dublin seeks to protect the country's prized assets and align itself with regulations from Brussels.

Ireland's industrial policy relies heavily on outside investment with several tech and pharmaceutical giants having headquarters in the country, attracted by the country's 12.5% corporate tax rate and other factors.

In September, the Irish government said it would legislate for the screening of foreign direct investment, giving effect to a European Union regulation that establishes a framework for vetting and evaluating investments into the EU by third-country companies.

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