China is jockeying to become the world’s industrial superpower. State-owned companies are targeting key technologies and global market leaders. High on the list are German companies like Krauss-Maffei.
The German government has ratcheted up the pressure on the European Union to tighten the rules on foreign corporate takeovers. Berlin fears Chinese transactions are giving Beijing too much access to key technologies.
Foreign investors, especially from China, are keen on German know-how - even in sensitive areas. The German government is now seeking powers stop such takeovers to protect strategic industries.
There have been many examples of late to show that China, the world's second-largest economy, is increasingly using its capital to buy European firms. There's nothing wrong with that, says DW's Henrik Böhme.
There's no reason to fear a sell-out of German technology through Chinese takeovers, says APA Chairman Hubert Lienhard in an interview granted to DW at the Asia Pacific Conference of German Business in Hong Kong.
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