German Chancellor Angela Merkel said Tuesday that Germany is open towards its trading partners. Merkel said that was made clear in a deal involving Chinese automaker Geely and Daimler. Merkel said that there were no obvious violations linked to Geely's acquisition of a nine billion US dollars stake in Germany's Daimler at first blush. She said the main aim of her government was to maintain a sustainable domestic auto sector. However, Merkel did say that there were questions about possible holes in transparency around disclosure requirements of the deal. But she said that was a matter for Germany's financial sector regulators, not politicians.
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