China hopes Germany's probes into Chinese acquisitions "an exception"

Published Wed, Nov 2, 2016 · 02:51 AM

    [BEIJING] China hopes Germany's recent investigations into proposed Chinese corporate acquisitions are"an exception", a spokesman for the Ministry of Commerce said on Wednesday.

    Shen Danyang told a regular briefing that China also hopes Germany can be calm and create a fair environment for investors.

    The German government has withdrawn its approval for a Chinese takeover of chip equipment maker Aixtron, citing security concerns, and throwing up an unexpected hurdle for a 670-million-euro (S$1.03 billion) deal on the home stretch.

    REUTERS

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