BERLIN - The European Union should impose a temporary ban on Chinese takeovers of companies that are currently undervalued or have business problems because of the coronavirus crisis, the leader of the bloc’s largest political alliance said on Sunday.
“We have to see that Chinese companies, partly with the support of state funds, are increasingly trying to buy up European companies that are cheap to acquire or that got into economic difficulties due to the coronavirus crisis,” he said. “China will be our biggest competitor in the future, in economic, social and political terms,” Weber said. “I view China as the strategic competitor for Europe, that represents an authoritarian model of society, that wants to expand its power and replace the United States as a leading power.”
MandyLeeDUBHKG Until CCP is collapsed, pls
Why stop at temporary, make it permanent. Come to think of it, why stop with Europe, make it global...
Silence21240183 And don't let them to revise your virus report again. If you could not control the most basic freedom of speech, you lose everything to communist. CCP_is_terrorist
permanently
Please to lovers of freedom follow to follow back for transparency OkoyesylvesterC
Why not say that Europe should temporary ban ALL acquisitions from anywhere in the world? Why make it about China? How is getting China upset now by making them the bad guy a smart strategy for Europe if we are to compete with them even more?
Agreed; personally I think that their property should be confiscated worldwide & any debts they own nullified.
Fight4HongKong BoycottChina
Fight4HongKong Never trust China. What is happening in Hong Kong now is reflecting the result of trusting China. Citizens suffered and being murdered. sosHongKong boycottChina
Fight4HongKong *The West *permanently
Not 'temporarily' though. But at least until democracy reigns in China.
there is a joking in China,中国的大众,世界的丰田,( Volkswagen only dominant in China market, Toyota dominant world market), you genius go to get a job in Volkswagen, or BMW or Benz and tell your boss to retreat business from China,lol, the manager position wait for you
CCP must pay!
Many a time people dream a lot .
yes European Nations should act decisively and fast on this.
It's about Damm time they opened their eyes. China has design to Rule the world.
BRAVO GERMANY! Tell that POMPEO AND TRUMP please.
We should have ALL done that years ago, we allowed them to become very powerful and now see how they betray everyone. Never to be trusted again.
CCP China has no money? Their accounting records are 100% fake just like their currency. No capital, I mean this is not rocket science folks! This is a thug gangster perpetrating an elaborate smash and grab while the town hospital is on fire!
If progressive power doesn't unite now, fascists will rule the world soon! Fascism made its own good chance, but progressive can win by unity and quick action!
The western democracies are trying to have their cake and eat it. Blinded by the Chinese money while China plays by its own rules and takes advantage of our greed and lack of unity. Unfortunately with 💩💩leaders like USA Trump there is no hope of solving the problem peacefully.
Do they have the balls? All they ever do is talk blah blah blah.
Change the rules because they don’t suit you anymore and add a few drops of paranoia. There you have it, western style capitalism and the free market economy.
Maybe there’s still hope that a little common sense is starting to catch on within the political circles.
To protect world peace is now more important than battling the pandemic.
It's Biological weapon from China to destroy Eropean economy. How long world will suffer due to Corona ? It's time to teach lesson by bycoting the chines goods.
The entire world should do the same.
I ban yu
is true
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