Germany 'an appealing site' for expansion
<p><span word="As">As</span> <span word="Chinese">Chinese</span> <span word="enterprises">enterprises</span> <span word="seek">seek</span> <span word="to">to</span> <span word="build">build</span> <span word="their">their</span> <span word="global">global</span> <span word="profile">profile</span>, <span word="Germany">Germany</span> <span word="offers">offers</span> <span word="a">a</span> <span word="target">target</span> <span word="for">for</span> <span word="those">those</span> <span word="seeking">seeking</span> <span word="a">a</span> <span word="toehold">toehold</span> <span word="in">in</span> <span word="Europe">Europe</span>, <span word="despite">despite</span> <span word="a">a</span> <span word="troubled">troubled</span> <span word="outlook">outlook</span> <span word="for">for</span> <span word="the">the</span> <span word="debt">debt</span>-<span word="burdened">burdened</span> <span word="region">region</span>.</p><p>"<span word="Chinese">Chinese</span> <span word="investors">investors</span> <span word="have">have</span> <span word="broad">broad</span> <span word="prospects">prospects</span> <span word="in">in</span> <span word="the">the</span> <span word="German">German</span> <span word="market">market</span>, <span word="although">although</span> <span word="they">they</span> <span word="are">are</span> <span word="still">still</span> <span word="at">at</span> <span word="a">a</span> <span word="fledging">fledging</span> <span word="stage">stage</span> <span word="and">and</span> (<span word="the">the</span> <span word="Ministry">Ministry</span> <span word="of">of</span> <span word="Commerce">Commerce</span>) <span word="encourages">encourages</span> <span word="competitive">competitive</span> <span word="companies">companies</span> <span word="to">to</span> <span word="invest">invest</span> <span word="in">in</span> <span word="the">the</span> <span word="country">country</span>, <span word="actively">actively</span> <span word="developing">developing</span> <span word="mutually">mutually</span> <span word="beneficial">beneficial</span> <span word="investment">investment</span> <span word="cooperation">cooperation</span> <span word="between">between</span> <span word="China">China</span> <span word="and">and</span> <span word="Europe">Europe</span>," <span word="Sun">Sun</span> <span word="Yongfu">Yongfu</span>, <span word="head">head</span> <span word="of">of</span> <span word="the">the</span> <span word="ministry">ministry</span>'<span word="s">s</span> <span word="department">department</span> <span word="of">of</span> <span word="European">European</span> <span word="affairs">affairs</span>, <span word="told">told</span> <span word="China">China</span> <span word="Daily">Daily</span>.</p><p><span word="Chinese">Chinese</span> <span word="companies">companies</span> <span word="have">have</span> <span word="cumulatively">cumulatively</span> <span word="invested">invested</span> $2 <span word="billion">billion</span> <span word="in">in</span> <span word="the">the</span> <span word="German">German</span> <span word="market">market</span>, <span word="representing">representing</span> <span word="only">only</span> 10 <span word="percent">percent</span> <span word="of">of</span> <span word="German">German</span> <span word="companies">companies</span>' <span word="investment">investment</span> <span word="in">in</span> <span word="China">China</span>. <span word="But">But</span> <span word="there">there</span> <span word="is">is</span> <span word="huge">huge</span> <span word="potential">potential</span>.</p><p><span word="Germany">Germany</span> <span word="Trade">Trade</span> & <span word="Invest">Invest</span>, <span word="the">the</span> <span word="country">country</span>'<span word="s">s</span> <span word="foreign">foreign</span> <span word="trade">trade</span> <span word="and">and</span> <span word="inward">inward</span> <span word="investment">investment</span> <span word="agency">agency</span>, <span word="has">has</span> <span word="said">said</span> <span word="that">that</span> <span word="China">China</span> <span word="leap">leap</span> <span word="frogged">frogged</span> <span word="the">the</span> <span word="United">United</span> <span word="States">States</span> <span word="and">and</span> <span word="became">became</span> <span word="Germany">Germany</span>'<span word="s">s</span> <span word="largest">largest</span> <span word="overseas">overseas</span> <span word="investor">investor</span> <span word="in">in</span> 2011.</p><p><span word="Influenced">Influenced</span> <span word="by">by</span> <span word="the">the</span> <span word="eurozone">eurozone</span>'<span word="s">s</span> <span word="debt">debt</span> <span word="crisis">crisis</span>, <span word="Germany">Germany</span>'<span word="s">s</span> <span word="economy">economy</span> <span word="is">is</span> <span word="predicted">predicted</span> <span word="to">to</span> <span word="expand">expand</span> <span word="less">less</span> <span word="than">than</span> 1 <span word="percent">percent</span> <span word="this">this</span> <span word="year">year</span>.</p><p>"<span word="Given">Given</span> <span word="the">the</span> <span word="current">current</span> <span word="global">global</span> <span word="economic">economic</span> <span word="situation">situation</span>, <span word="Chinese">Chinese</span> <span word="companies">companies</span> <span word="have">have</span> <span word="good">good</span> <span word="opportunities">opportunities</span> <span word="to">to</span> <span word="invest">invest</span> <span word="in">in</span> <span word="Germany">Germany</span> ... <span word="and">and</span> <span word="mergers">mergers</span> <span word="and">and</span> <span word="acquisitions">acquisitions</span> <span word="can">can</span> <span word="be">be</span> <span word="good">good</span> <span word="avenues">avenues</span> <span word="for">for</span> <span word="investment">investment</span>," <span word="said">said</span> <span word="He">He</span> <span word="Weiwen">Weiwen</span>, <span word="co">co</span>-<span word="director">director</span> <span word="of">of</span> <span word="the">the</span> <span word="China">China</span>-<span word="US">US</span>-<span word="EU">EU</span> <span word="Study">Study</span> <span word="Center">Center</span> <span word="at">at</span> <span word="the">the</span> <span word="China">China</span> <span word="Association">Association</span> <span word="of">of</span> <span word="International">International</span> <span word="Trade">Trade</span>.</p><p><span word="European">European</span> <span word="companies">companies</span> <span word="are">are</span> <span word="probably">probably</span> <span word="undervalued">undervalued</span> <span word="due">due</span> <span word="to">to</span> <span word="the">the</span> <span word="debt">debt</span> <span word="crisis">crisis</span>, <span word="and">and</span> <span word="it">it</span>'<span word="s">s</span> <span word="a">a</span> <span word="good">good</span> <span word="time">time</span> <span word="for">for</span> <span word="Chinese">Chinese</span> <span word="companies">companies</span> <span word="to">to</span> <span word="tap">tap</span> <span word="into">into</span> <span word="the">the</span> <span word="European">European</span> <span word="market">market</span> <span word="through">through</span> <span word="M">M</span>&<span word="A">A</span> <span word="deals">deals</span>, <span word="according">according</span> <span word="to">to</span> <span word="He">He</span>.</p>
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