German FAZ: Hard intervention007199

It’s only a small division, but the excitement is still great. The federal government has banned the sale of Volkswagen subsidiary MAN Energy Solutions’ gas turbine business to China. According to the Green Ministry of Economic Affairs, the buyer CSIC Longjiang Guanghan Gas Turbine is too close to the military sector and a sale would not be compatible with the Foreign Trade Act, it is said. MAN Energy Solutions had put a lot of effort into this. The Federal Office of Economics and Export Control is said to have confirmed that goods and technology are not subject to export controls. Expert reports came to the conclusion that use on military ships, fighter jets or drones does not make technological sense. It is unclear exactly where the buyer wanted to use the products. But the impression remains that the anti-China stance in parts of the coalition outweighs the details of individual cases. This is putting a strain on relations with Beijing and could cost jobs, as a large part of the gas turbine business is now on the brink of extinction.
Go to Source