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Foreign firms have complained about investment restrictions, including in the automotive sector (Photo: EUobserver)

German business chiefs criticise China

Two of Germany's leading industrialists publicly attacked China's business environment during a meeting with the country's premier, Wen Jiabao, over the weekend (17 July).

Jurgen Hambrecht, chairman of giant chemical company BASF, and Peter Loscher, chief executive of industrial conglomerate Siemens, added their voices to a growing clamour of criticism against Chinese rules that are seen as disadvantaging foreign firms.

Mr Hambrecht said foreign companies are frequently forced to...

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Foreign firms have complained about investment restrictions, including in the automotive sector (Photo: EUobserver)

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