The Government's proposal means that the Swedish state should be able to step in and stop investments in Swedish privately owned companies, if it is judged that foreign ownership could pose a security risk.

No risk for West Swedish entrepreneurs

In Västra Götaland, China has invested a lot of money, not least through Volvo and surrounding group companies. But that a new law would risk making it more difficult for West Swedish entrepreneurs is not a risk, says Johan Trouvé, CEO of the West Sweden Chamber of Commerce.

– I don't think so at all, it will not affect the West Swedish company. In the long run, this will ensure the security of the Swedish kingdom," he says.

SVT has reached out to Volvo for a comment without success.

Hear more about Johan Trouvé's thoughts on the new bill in the clip.