Wary of China, Germany plans rapid state intervention to protect key industries

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Wary of China, Germany plans rapid state intervention to protect key industries

To step in quickly to protect companies against foreign takeovers.

Germany set out plans on Friday to create a government committee to step in quickly to protect companies against foreign takeovers, a sign of concern about China and others acquiring its technology. The finalised industrial strategy outlined by Economy Minister Peter Altmaier is also intended to ...

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