This guy stole all the money the company had distributed the 5 billion euros the company needed to survive as dividends and now urgently needs a cash injection.
We need jobs, not financial investments that do not generate wealth except for those who are already rich. If they open car factories here, that's fine with me, if not, they can go to hell.
Chinese companies should only be allowed to found companies in the EU as a joint venture with a European partner, while this European partner holds a controlling majority. I am sure that China will fully support such a law as a reciprocity is an important feature of global trade.
Join? No. Global trade requires fair competition, reciprocity, transparent supply chains, human rights baked into economic agreements such as the WTO, among other things.
What humanity needs is a just transition to solve current and upcoming social and environmental issues. There are many countries in the world whose policies are manifestly unjust, unfortunately.