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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (4093)11/30/2019 4:21:29 AM
From: elmatador  Respond to of 13787
 
Germany Eyes Tough Rules on Foreign Investment Amid China Worry

By Birgit Jennen

Chancellor Angela Merkel’s government plans to tighten restrictions on foreign takeovers amid growing concerns China is scooping up Germany’s technology jewels.

Economy Minister Peter Altmaier on Friday proposed setting up a government committee that could take action in the case of an unwanted foreign bid.


State-owned bank KfW, for example, could temporarily buy a stake in the target company to stop an unsolicited acquisition.

Altmaier also proposed expanding reviews for investments by non-European Union companies that exceed a 10% stake in a company and pose a security risk. The rule, which so far applied only to defense and critical infrastructure, should also apply to areas of new technology, such as artificial intelligence, biotechnology and robotics.

"Our economic model can only survive if we strengthen it," Altmaier told reporters in Berlin. "We will in the future look more closely at planned investments in robotics and biotechnology."

Altmaier’s proposals have yet to be vetted by Merkel and her cabinet. While Germany is trying to sidestep a trade conflict between the U.S. and China, its government is also under pressure to curtail Chinese inroads into Germany’s industrial heartland. That includes calls at home and abroad to restrict Chinese equipment supplier Huawei Technologies Co. from participating in the country’s planned 5G network.

Germany has stepped up protectionist measures since the takeover of robot maker Kuka AG by China’s Midea Group Co. in 2016.

That led Merkel’s government to rethink its tools for shielding technology companies and securing German competitiveness.

Last year Merkel’s cabinet stopped a Chinese bid for the first time by vetoing the potential purchase of machine-tool manufacturer Leifeld Metal Spinning AG.



To: Cogito Ergo Sum who wrote (4093)1/25/2020 3:38:34 AM
From: elmatador  Read Replies (1) | Respond to of 13787
 
TJ decamped Hong Kong on the wake of the Coronavirus scare.

Message 32518545

Message 32518556



To: Cogito Ergo Sum who wrote (4093)1/25/2020 12:10:50 PM
From: elmatador  Respond to of 13787
 
China coronavirus outbreak: Hong Kong declares emergency and closes schools
cbsnews.com

SARS hit Hong Kong hard, killing almost 300 in the city out of over 700 deaths worldwide. The crisis also battered the local economy, pushing unemployment to a record high and sending property prices—some of the most expensive in the world—plummeting.

China's president calls situation grave
China's President Xi Jinping called the accelerating spread of the virus a grave situation. He made the remarks, reported by state broadcaster CCTV, at a meeting of Communist Party leaders that convened on the Lunar New Year holiday and underlined the government's urgent and ever-expanding efforts to bring the situation under control.

Travel agencies have been told to halt all group tours, the state-owned China Daily reported, citing the China Association of Travel Services.

–The Associated Press



To: Cogito Ergo Sum who wrote (4093)1/25/2020 1:20:31 PM
From: Elroy Jetson  Read Replies (3) | Respond to of 13787
 
In Hong Kong it's still not easy for the Chinese Deep State to cover up plague deaths, by attributing them to other causes as they have in the mainland.

As with the prior Chinese epidemic, the high death rate in Hong Kong is statistically revealing the massive cover-up taking place on the mainland. Hong Kong has reported 299 plague deaths.
.

Mainland China where the deadly bioengineered coronavirus virus escaped from a State Bio-Weapons factory in Wuhan, has laughably reported only 349 deaths, with tens of thousands of additional deaths vaguely attributed to pneumonia or fever. - who.int

The Wuhan Institute of Virology is the only laboratory certified by the Chinese government to be capable of keeping and experimenting with stocks of deadly virus. - english.whiov.cas.cn