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CHINA

China biggest foreign investor in Germany

China was the top foreign investor in Germany last year, ahead of the United States, Switzerland and France, the government development agency Germany Trade & Invest said on Thursday.

China biggest foreign investor in Germany
Not a takeover, but Dietfurt's 'Chinese Fasching' day last month. Photo: DPA

China invested in 158 projects, while the US invested in 110, Switzerland in 91 and France in 53, GTAI said in a statement.

Nevertheless, Europe combined accounted for around half of total foreign investment in Germany, the agency added.

One in five investment projects – most of which involved the establishment of new sites in Germany – was in the mechanical engineering or automotive sectors and 13 percent were in new technologies, while renewable energy accounted for around six percent of projects.

Earlier this week, Chinese automotive supplier Heibei Lingyun Industrial Group Corporation agreed to buy Kiekert, a German maker of latch systems for cars.

And in January, Chinese construction equipment giant Sany Heavy Industry acquired Putzmeister, a German family-owned engineering firm, in what was described as one of the biggest deals in the so-called “Mittelstand” sector that makes up the backbone of the German economy.

AFP/hc

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TRAVEL

Germany toughens China travel warning over ‘invasive’ Covid tests

Germany has toughened its advisory against travel to China, warning that travellers could be placed under hospital quarantine for weeks upon arrival and subjected to "invasive" medical tests even if they have previously recovered from the coronavirus.

Germany toughens China travel warning over 'invasive' Covid tests
A plane flying from Frankfurt airport. Photo: DPA

In its latest travel advisory update, the Foreign Ministry said that the stringent measures were imposed on “people cured of Covid-19”, as well as others who test positive for antibodies because of an undetected illness, or others who had arrived on the same flight and who test positive for the coronavirus.

“Medical measures applied by the Chinese side are invasive and include in part daily blood tests and computer scans,” the Foreign Ministry said.

All travellers arriving in China are required to serve a 14-day quarantine at a location determined by the government.

While small children are “as a rule” allowed to spend their quarantine with their parents, those aged 14 years and up can be placed in isolation away from their family.

The Süddeutsche newspaper reported that the ministry had heightened its warning after two German nationals were held in hospital quarantine for several weeks.

Both had recovered from the coronavirus previously and had tested positive for antibodies, added the report, noting that they were nevertheless forced to undergo medical tests.

The newspaper said the Foreign Ministry had filed protests with the Chinese government over how the two Germans were treated.

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