China's auto parts companies set off an upsurge of overseas mergers and acquisitions

Chinese companies have grown rapidly in recent years, setting off overseas mergers and acquisitions, and will acquire 20 to 30 well-developed German auto parts companies, all of which are technologically advanced companies in the industry. German automakers such as Volkswagen, BMW, etc. are not worried about mergers and acquisitions and believe that they pose no threat to German auto industry and technology property rights.

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