BERLIN–The German government is taking steps to counter a surge in Chinese bids for stakes in German technology companies, including the creation of a billion-euro fund that could rescue such firms that are in financial trouble, a government source told Reuters.
Senior officials are also working on changes to foreign trade regulations to ensure that key technologies remain in German hands. The tightened rules would include government reviews of foreign acquisitions of stakes in companies below the current 25 percent threshold, and expanding which types of purchases must be examined.
