(Yicai Global) Aug. 6 -- Germany's recent rebuff to two Chinese acquisitions has recently come under the spotlight with the country's use of 'national security' as the grounds for the veto strongly reminiscent of US president Donald Trump's protectionist behavior, China Securities Journal reports.

The German federal government blocked Taihai Group's bid to acquire the German machinery maker Leifeld on August 1, marking the first veto over a merger from the German government in accordance with new rules brought in last year. The German government also empowered policy bank Kreditanstalt Fuer Wiederaufbau to take a 20 percent stake in German power-grid operator 50Hertz, thus blocking a planned takeover by China Grid Corporation.

Chinese purchases in Germany have witnessed a significant drop in both the number and scale from a historic peak in 2016, data from PricewaterhouseCoopers shows. Enterprises from China's mainland swooped in on seven German firms as of the end of May, down on last year.

Chinese investors need to keep calm to make reasonable decisions amid mounting uncertainties in the overseas mergers and acquisitions market, the news outlet said. They need to work out investment strategies in light of the specifics of different markets, cultivate talents both at home and abroad to support their long-term sustainable growth, and gain relevant experience, per the report.

Editor: William Clegg