China hopes Germany's probes into Chinese acquisitions "an exception"
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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The German government has withdrawn its approval for a Chinese takeover of chip equipment maker Aixtron, citing security concerns, and throwing up an unexpected hurdle for a 670-million-euro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
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
