Andreas Rinke and Miranda Murray
The government said it had vetoed the takeover of the chip factory of the Dortmund-based company Elmos by Silex, a Swedish company that is a subsidiary of Chinese group Sai Microelectronics. “We have to look at company takeovers closely, when it comes to important infrastructure or when there is a danger that technology flows to buyers from non-EU countries,” economy minister Robert Habeck said in a statement.
Scholz earlier had pushed through a decision to allow China to buy a minority stake in a terminal in Germany’s largest port despite opposition from within his coalition.
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China musr do the same