German minister urges fast passage of EU law on Chinese takeovers

Germany wants to acquire the legal means to take a closer look at bids from Chinese companies to acquire German and European companies in order better to protect technologies, a German minister told newspaper Welt am Sonntag. Matthias Machnig, state secretary in Germany’s economics ministry, said it was urgent that proposed Europe-wide measures to police surging Chinese investment be adopted by the end of this year. … http://reut.rs/2DLOocL

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