Many German companies are attracting Chinese investors. Last year automotive supplier Keiekert, the global leader in car locking systems, is getting used to Chinese ownership.
The German government has blocked Chinese investors from taking stakes in two German companies. The move is less about protectionism and more about equal opportunities, writes Andreas Becker.
China has finally announced a timeline for opening up its manufacturing sector to foreign investors. The move comes as current restrictions increasingly trouble companies, including German carmakers.
Chinese media noted the 'coincidence' between what they called de facto German protectionism and EU-US moves this week to avert a trade war. Meanwhile, some in Germany want a tougher trade stance on China.
German Chancellor Merkel and Chinese President Xi may strive to champion global free commerce and present a united front against US President Trump's protectionism. But all is not well between the two trade partners.
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