Questions
What is a White Paper that the EC adopted in June 2020?
It deals with the disruption foreign subsidies were causing in the Single Market.
What is a synonym of explicit?
clear, unequivocal, straightforward, unabiguous, precise, exact
How does the China Chamber of Commerce describe the legal tools proposed in the White Paper?
They lack a clear legal basis and produce double standards.
What is the meaning of 'not to be lost on somebody'?
If a joke or remark is lost on someone, they do not understand it; To have a significant or noticeable impact or effect on someone; to be valued, appreciated, or understood by someone
Stocks were cheap just for a few weeks, which was to brief a window to preparing a takeover.
to prepare
Who said "The Single Market is key to Europe's prosperity and it only works well if there is a level playing field"?
Margrethe Vestager
What does murky mean?
suspicious, questionable, dubious; darkish, dimmed
Name three Chinese takeoevers of European companies.
Volvo, Pirelli, Club Med, Gree port of Pireus ...
What is the meaning of wary?
marked by keen caution, cunning, and watchfulness especially in detecting and escaping danger ; not completely trusting or certain about something or someone
The China Chamber of Commerce to the EU has voiced criticism about the EC plan to protect companies against takeovers supported foreign states.
voiced criticism OF; takeovers supported BY foreign states
Is China explicitly mentioned int the White Paper?
No, it isn't.
What does 'to voice criticism' mean?
to make known (as an idea, emotion, or opinion) ; announce declare, speak openly
What did Merkel prevent the Chinese Fujian Grand Chip Investment from doing in October 2016?
She revoked the approval of the takeover of the semiconductor manufacturer Aixtron SE.
Give three synonyms of relatively.
enough, fairly, more or less, kind of, pretty, quite, somewhat, sort of
They provided fresh capital to struggling companies such like the Swedish carmaker Volvo.
such is wrong, only LIKE should remain
What is the opposite of an open-shop economic policy?
Protectionism.
What is a synonym of instance?
example, case, sample, specimen, prototype, representative
Who was the Finnish mobile game developer Supercell acquired by?
By a tech giant Tencent.
Give three synonyms of promising.
auspicious, bright, encouraging, heartening, hopeful, likely, optimistic, propitious, rosy, upbeat
Chinese firms that benefitted on murky ties with the Chinese state.
benefittted FROM
What resolution did Poland pass in June 2020?
Limiting the possibilities for comapny takeovers.
What is an antonym of distort?
clarify, explain, illuminate, decipher
How was Japan involved in the takeover of the Finnish mobile game developer Supercell?
Japanese helped the Chinese by buying Supercell's majorty stake directly and through a subsidairy between 2013 and 2015. It then sold more thatn 80% of the shares to Tencent's Luxembourg based subsidiary, Halti SA.
Give four synonyms of brief.
compact, concise, crisp, curt, laconic, succinct, short
Investments by Chinese state-owned enterprises now account about 11% of all mergers and takeovers.
account FOR