‘It Is Desolate’: China’s Glut of Unused Car Factories
Posted inBYD Co Ltd China China Economy Chongqing (China) Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co Hyundai Motor Co International Trade and World Market Labor and Jobs Layoffs and Job Reductions Prices (Fares, Fees and Rates) Tesla Motors Inc

‘It Is Desolate’: China’s Glut of Unused Car Factories

Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
Germany’s Leader, Olaf Scholz, Walks a Fine Line in China
Posted inBASF SE Berlin (Germany) China Chongqing (China) Electric and Hybrid Vehicles European Council Far East, South and Southeast Asia and Pacific Areas International Relations Li Qiang (1959- ) Scholz, Olaf (1958- ) Siemens AG ThyssenKrupp AG

Germany’s Leader, Olaf Scholz, Walks a Fine Line in China

Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from Europe about trade and geopolitical tensions.