(Berlin News) The Wall Street Journal Sunday (April 28) quoted people familiar with the matter that the German government is considering the weakening plan to strengthen the review of China ’s investment, because it is worried that strict review is not conducive to attracting foreign capital and affects the economic recovery.
Germany announced the first strategy of relations with China last year, defining China as "partners, competitors and systemic opponents", and began to formulate a new investment review bill.Analysts pointed out that the draft of the bill did not mention China directly, but the sword refers to China.
According to the draft, the government will obtain new power to review whether foreign investment has security risks and put more types of investment, such as quantum technology, cutting -edge semiconductors, artificial intelligence and key infrastructure.At the same time, the bill may also allow the government to review cooperation projects between German research institutions and foreign partners in key areas.
Reports quoted sources as saying that the German government has not made the final decision, but it is likely to abandon these two measures.It is reported that the Prime Minister Tsurtz worried that the new investment censorship would make foreign capital.
Some officials say that Germany may not formulate a new foreign -funded review bill, but will amend the existing law.This approach can still give the government a more limited new review power, such as reviewing the internal reorganization of certain enterprises or patent transfer to foreign investors.
In order to obtain investment from chip manufacturers such as Intel and TSMC, Germany has previously promised incentive measures to provide a total value of more than 15 billion euros (about 21.8 billion yuan).Germany also plans to hold a conference in this fall to attract more foreign investors.
