Europe: And the 43 billion euros in question would easily eclipse the total of 22 billion euros spent by Chinese investors in Europe throughout last year, according to Deutsche Welle. Chem China wasn't particularly inactive in 2015 either. If the transaction is completed, it would mark the biggest ever investment by a Chinese company in a European nation. For 7 billion euros, the company secured a share in Italian tire maker Pirelli, while shelling out an additional 1 billion euros for German machine tool company Krauss-Maffei. That nonsense! Chinese companies, however, are only doing their homework. Activities like these let some people shudder as they fear a complete buyout of the Western world.
(news.financializer.com). As
reported in the news.
Tagged under Europe, Krauss-Maffei topics.