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Business deals

Germany toughens stance on Chinese investment

Beijing's sweeteners for BMW and BASF prove insufficient to offset security fears

Although Germany previously allowed China’s Yantai Taihai Group to buy another supplier to the nuclear industry, the government has blocked it from buying Leifeld Metal Spinning. (Photo by Jens Kastner)
JENS KASTNER, Contributing writer | Europe

HAMBURG, Germany -- Germany's move to block a Chinese company from buying a local producer of specialized machinery tools is the latest sign that Berlin is toughening its stance on Chinese investments into strategic and security-related sectors.

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