Tuesday 23 April 2019 ,
Tuesday 23 April 2019 ,
Latest News
  • PM returns home from Brunei
  • 2 Muslim brothers were Sri Lanka hotel suicide bombers: Sources
  • IS group claims responsibility for Sri Lanka Easter attacks
  • No possibility of Sri Lanka-like attack in Bangladesh: Counter-terrorism chief
  • Verdict on 2 Netrakona ‘war criminals' Wednesday
5 March, 2018 00:00 00 AM
Print

German economy minister wants tougher foreign investment rules

AFP

AFP, BERLIN: Germany’s economy minister on Saturday suggested tightening the rules on foreign investment, following concern over Chinese influence on European firms.

Last month it emerged that Chinese billionaire Li Shufu had quietly bought a near 10-per cent stake worth around 7.2 billion euros ($8.9 billion) in German car

giant Daimler—making him the group’s largest shareholder.

“We must always adapt our law on the external economy according to new developments, including the threshold at which (the government) can become involved,” Economy Minister Brigitte Zypries told the weekly Der Spiegel.

Currently, Berlin can scrutinise a transaction and possibly prevent it, if the foreign investor seizes a stake worth more than 25 percent of a company’s capital.

“The fact is, the investors can often exert considerable influence on a business, even with a smaller stake,” said Zypries, a Social Democrat.

China’s increasing interest in German companies has sparked unease in Europe’s biggest economy.

 

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 52.2%
No 43.9%
No Comment 3.9%
Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
010203040506
07080910111213
14151617181920
21222324252627
282930

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting