Date: 9 months ago   Category: Markets

Germany has found rescue from China


The government of Germany is going to create special fund of the help to the companies experiencing financial difficulties, Reuters writes. So the authorities are going to fight against the Chinese expansion. According to the agency, the size of fund will be one billion euros. According to sources, the government works on changes "very intensively". Besides fund, it is planned to introduce restrictions for foreign investments, especially in the technological companies. Berlin wants that key developments remained in hands of Germany. Transactions on acquisition of a share more than 25 percent will be exposed to the increased control. Several concrete transactions, in particular, acquisition in 2016 to the robotic company Kuka and repayment 9,7 percent in Daimler carmaker by the Chinese Geely became a signal of need of acceptance of concrete measures for the government. In total in 2017 30 transactions with participation of the Chinese business have been registered that is twice more than a similar indicator of the 2016th. For the last three years buyers from China have participated in 40 percent of all foreign investments in Germany. It is more than important news in Film of Day Telegram-channel. Subscribe!

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