READ ALSO: Germany to tighten rules on foreign takeovers: reportThe move goes further than previous efforts by Berlin to protect strategic firms from foreign acquisitions. Concern has mounted in recent years as Chinese companies have bought up orpurchased controlling stakes in high-tech firms, airports and harbours in countries across the European Union. Investments from China "do not threaten your national security", he said, stressing that Chinese firms wanted to learn from German "experiences and technologies". Germany is far from alone in trying to curb Chinese appetite for European firms. Economy Minister Altmaier said German companies were increasingly competingagainst rivals who benefitted from state intervention and protectionist policies.

Source: The Local November 28, 2019 12:11 UTC