As Chinese firms acquire their foreign counterparts, European lawmakers are putting on the brakes. But can Europe afford to be worried?
The Chinese government believes that it can become the top tech nation in the world sooner rather than later. Some milestones have already been met with more in sight as China looks to surpass the US, Japan and Korea.
Wu Xiaohui, the former chairman of Anbang Insurance Group, was found guilty of illegal fundraising and defrauding the company. The Chinese government took over the firm in February.
The heavy-vehicle division of the German carmaker is considering a full takeover of its US affiliate Navistar, as it outlined global growth plans that may include an initial public offering of its trucks unit.
The world's largest electric utility aims to acquire a stake in 50Hertz — a joint venture which owns a huge chunk of the German electricity grid. The plan is likely to stir controversy over China's influence.
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