Photo Gallery: Chinese Money for Germany's Mittelstand
Hiroyuki Koda/ dpa

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Photo Gallery: Chinese Money for Germany's Mittelstand

Buying Germany's Hidden Champions Takeover Could Signal New Strategy for China

Concrete pump manufacturer Putzmeister is the first top-tier German company to be acquired by a Chinese company eager to get its hands on Western know-how, but it is unlikely to be the last. The acquisition could be the start of a new strategy as China tries to transform itself into a high-tech economy. And the Germans might even benefit too.
Translated from the German by Christopher Sultan