In recent years more and more investors from Asia have been snapping up German companies. Many of those firms faced bankruptcy. Now jobs have been saved. But foreign investment also has a downside, says DW reporter Lars Halter.
German developer Fakt AG’s horticultural center will be the third-largest foreign investment in Hungary, outstripped only by Mercedes-Benz and an upcoming BMW plant. The firm is building a complex to equal Europe's best.
Berlin is toughening rules on share purchases in strategically important sectors by non-EU firms. The measure is prompted by the fear of Chinese corporate giants taking over German industry titans.
Economy Minister Peter Altmaier had already been forced to defend his "National Industrial Strategy 2030" even before officially unveiling the details. Critics have accused him of heavy-handed state interventionism.
The German government plans to tighten rules on foreign investment in some companies by lowering the threshold at which it can consider blocking such plans. The move comes amid increasing concern about Chinese investors.
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