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Friedrich Merz, the front-runner in the race for Germany's chancellor, has warned German companies of the “big risk” of investing in China.
“I say to all representatives of the German economy that the decision to invest in China is a very risky one,” the head of the Christian Democratic Party in Berlin said on Thursday. He issued his warning during a Q&A after a wide-ranging foreign policy speech that highlighted a pro-EU Atlanticist vision for Berlin's role on the world stage.
“My sincere request to all companies… limit the risks you take to avoid putting your company at risk if it results in immediate delisting,” he said. Merz.
He added that China does not adhere to Western rule of law standards.
“You should expect major disruptions if you take this risk. I have spoken to a whole range of small, medium-sized and very large companies as well… If you take this risk and if you have to write off these investments from year to year, please do not come into the country under any circumstances.” of circumstances.
This is a developing story
