GERMANY: Daimler chief expects further Chinese investment
Daimler chief executive Dieter Zetsche would welcome additional investors from China.
He told Bild am Sonntag newspaper that he did not expect any Chinese move to take control of the German carmaker, however.
Zetsche added: "On the other hand, Chinese investors are already among Daimler's shareholders. I would appreciate it if their number grew."
According to Daimler's website, 19.1% of the company is owned by private investors. In April, the company reported robust first-quarter results and said its passenger car business was driven by strong demand in China, now the world's largest car market.
Last month, however, Zetsche warned of economic risks in emerging markets, including China, that could cause the car industry's main growth driver to stall.
Zetsche confirmed the company's outlook at the time, forecasting a significant rise in earnings before interest and tax (EBIT) this year, and told Bild am Sonntag that business was strong at the moment.
"The situation is outstanding. We're heavily investing in the expansion of our capacities in order to take advantage of the growth opportunities."