manufacturer

Weichai Power is acquiring 25% of the German industrial truck maker and a majority stake in a subsidiary, heralding the largest Chinese direct investment in Germany to date.

The Taiwan laptop and LCD TV maker beats rival Pegatron to the market after downsizing the deal to ensure there are enough asset swaps to cover the entire base deal.

But Chinese exporters will find it increasingly difficult to maintain the growth even without a stronger yuan, because the country’s manufacturing workforce is shrinking and getting more expensive.