Thursday, December 19, 2019

Germany monitoring Chinese shareholdings in Daimler

Daimler's main Chinese partner, BAIC, is reportedly mulling doubling its stake in the German automaker to about 10 percent. The move has raised additional concerns in Germany about the economic and security implications of increasingly fierce competition from Chinese manufacturers, especially in areas of traditional German strength such as the auto industry. 



from Section Page News - Automotive News https://ift.tt/38RHUZT

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