Chinese investment in German takeovers or in stakes in German companies plunged to US$311 million during the period, compared with almost US$10 billion in the first half of the year. Media companies are also included, while a previous 25 percent threshold remains in force for all other cases. That led the German government to rethink its tools for shielding technology companies and securing German competitiveness. German state-owned investment bank KfW in July agreed to temporarily acquire a 20 percent stake in 50Hertz Transmission GmbH, thwarting an attempted acquisition by a Chinese company. Ernst & Young is advising Chinese clients to avoid investing in German companies like aerospace suppliers, Sun told the newspaper.

Source: Taipei Times December 27, 2018 15:56 UTC