Chinese companies have gone on a buying spree in Europe. Economist Shuwen Bian has been taking a closer look at this phenomenon. We ride along with her to Duisburg, where the Chinese state-owned WISCO Corporation has acquired a German company.
The EU is seeking a greater say in foreign takeovers of "critical" infrastructure and companies, with EU Commission President Jean-Claude Juncker demanding a screening procedure of investments, notably from China.
China has been a major investor in Europe over the past decade, pumping money to buy a number of strategic and high-tech assets. But Chinese investments have caused both exultation and trepidation.
A Chinese firm has bought the British pub where the Chinese president and the then British prime minister last year had a pint over fish and chips. It's one of the more unusual Chinese acquisitions abroad.
As the German government is trying to prevent German companies in strategic industries from being acquired by foreign investors, especially from China, we take a look at some prominent takeovers from recent years.
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