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A Senate committee has advanced legislation that would restrict automakers connected to Chinese state-owned enterprises (companies controlled by the Chinese government rather than private investors) from operating in the United States.
Mercedes-Benz sits inside that definition. BAIC, a Chinese state-owned company, is the German brand's largest individual shareholder, and that ownership link puts Mercedes in the bill's reach.
What makes Mercedes-Benz vulnerable State-owned enterprise is a specific legal category. These are companies where the Chinese government holds ownership stakes and exercises operational direction.
That government link is what the legislation targets. In Mercedes-Benz's case, BAIC holds the largest individual shareholder position.
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