Mexican Media Brands
Germany “Watchful” about Chinese Investments
Germany’s economy minister says the government will keep “an especially watchful eye” on future investments from China to make sure they don’t influence European industrial policy.
#economics
Share
Germany’s economy minister says the government will keep “an especially watchful eye” on future investments from China to make sure they don’t influence European industrial policy.
The comment from Minister Bridgette Zypries comes days after Li Shufu, the founder and chairman of Hangzhou-based Zhejiang Geely Holding Group Co., acquired a 9.7% stake in Daimler AG. Geely also owns British cab maker London Taxi Co., Volvo Cars and majority equity in the U.K.’s Group Lotus. In December the company bought 8% of Swedish truckmaker AB Volvo.
Zypries tells Handelsblatt that Germany welcomes foreign investments “as long as they happen in line with the market.”
RELATED CONTENT
-
All About the 2018 Honda Accord
The common wisdom seems to be that midsize cars have pretty much had it in the U.S. new car market.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.