Pfizer China is now the most important investor in

2022-10-21
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Pfeiffer: "China (now) is the most important investor in Germany"

Pfeiffer: "China (now) is the most important investor in Germany"

China Construction machinery information

Guide: the red carpet courtesy enjoyed during the trip to China at the end of last year and the speed of reaching an acquisition agreement with China's largest construction machinery enterprise make Norbert, a German businessman? Xiao Yi was surprised. The boss of Sany Heavy Industry and the richest man in mainland China personally served as a guide, took Xiao Yi to visit the factory and arranged senior executives to accompany him to wait for the plane. In Europe

Norbert, a German businessman, was impressed by the red carpet reception he enjoyed during his trip to China at the end of last year and the speed with which he reached an acquisition agreement with China's largest construction machinery enterprise? Xiao Yi was surprised. The boss of Sany Heavy Industry and the richest man in mainland China acted as a tour guide in person, and also invested considerable human and financial resources to strengthen the research and development of the relevant utilization of graphene. He took Xiao Yi to visit the factory and arranged senior executives to accompany him to wait for the flight, which will also greatly increase the proportion of exports to emerging countries. "In Europe, no one will do this," said Xiao Yi, CEO of Putzmeister, a concrete machinery manufacturer. "From the beginning, the Chinese made it clear that they wanted to buy our company immediately."

this acquisition gives Sany a technological advantage over its rivals, which shows that Chinese investors are increasingly skilled in overseas mergers and acquisitions and take them as an engine to promote development, not just to obtain raw materials or patents

Germany, the largest economy in Europe, has bred a large number of small and medium-sized enterprises famous for the export of advanced technology, which is particularly attractive to Chinese enterprises who are rich and seek to build an international image. The European debt crisis has made some German and European enterprises cheaper in the eyes of Chinese investors. "We are looking forward to a wave of mergers and acquisitions between China and Germany." An expert from Ernst & Young said. At present, there are as many as 20 mergers and acquisitions in Germany, some of which are worth as much as 1billion euros - more than any other European country, compared with only 6 in 2008 and 15 last year

according to the statistics of German trade agencies, 158 Chinese enterprises carried out investment projects in Germany last year, while the number of companies from the United States, Switzerland and France were 110, 91 and 53 respectively. "China (today) is the most important investor in Germany." Michael, chairman of the German Trade and investment agency? FIFO said

according to the German central bank, China contributed 15.5 billion euros of the 930 billion euros of German net capital investment in 2010, or the pendulum shaft was too dirty or rusty. "Five to seven years ago, we never saw Chinese bidders. Now they are everywhere, professional and well prepared." The boss of a large German private equity company said that the Chinese are increasingly becoming their strong competitors

when investing overseas, Chinese companies pay more attention to R & D capabilities, well-known brands and mature sales networks. KPMG accountant, Moritz who focuses on Sino German mergers and acquisitions? "In terms of technology, Chinese companies have realized that talent is far more important than future planning," Schenker said

German Chancellor Angela Merkel told Chinese leaders and business executives of the two countries during her visit to China in February this year, "Germany welcomes Chinese enterprises to invest." In the past, such meetings have been dominated by calls for China to open its market to German products, and this transfer of power is very obvious

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