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Germany is getting tougher on Chinese money

It’s not particularly logical that, after years of permissiveness towards Chinese investors buying up German industrial jewels, Berlin has decided to ban the acquisition of Leifeld Metal Spinning — a technologically advanced but small firm from the town of Ahlen in North Rhine-Westphalia. While it sends a clear signal that the anything-goes era is over, it’s also a worrying consequence ...

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House of Fraser seeks funds as China rescuer pulls out

Bloomberg House of Fraser Ltd. needs a new lifeline after a Chinese retailer pulled its plan to buy a majority stake, leaving the UK department-store chain on the brink of collapse and threatening about 17,000 jobs. Would-be rescuer C.banner International Holdings Ltd. shelved plans to raise funds for the purchase of a 51 percent stake in the British chain, citing ...

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Taiwan to hit back at airlines ‘saying island belongs to China’

Bloomberg Taiwan is looking at ways to hit back at foreign airlines that recently caved in to pressure from Beijing to refer to the island as part of China. The transportation ministry is studying countermeasures, according to an official who asked not to be identified because they are not authorised to speak publicly. Taipei-based United Daily News reported earlier the ...

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