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Former German chancellor against defensive approach to Chinese investment

Former German chancellor Gerhard Schroeder has cautioned against a defensive approach to Chinese investment in Germany, saying that the German economy is dependent not only on foreign investment but also on foreign knowledge and know-how.

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European “black swan” + Fed’s rate hike, global economy faces challenges

Brexit and Trump’s successful election surprise the market a lot. This year, “black swan” events frequently happen in the financial market.