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Germany wants to strengthen its economy through cooperation with China. Therefore, the German government decided to abandon licensing of Chinese investments, reports The Wall Street Journal. Germany is considering abandoning the previously announced idea of government inspections of Chinese investments. Berlin believes that licensing could harm efforts to revive Germany’s economy. A draft bill on investment restrictions seen by the WSJ proposed to give the government the power to check foreign investments for security risks. The German government would be able to review investments, including …

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