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EU-Kommission

EU Commission plans no law on outbound investment screening

Brussels discussed a law to scrutinize European foreign investments, similar to the US model. The focus was also on concerns regarding the risk of outflows of security-relevant technologies to China via investments. It is now clear that the law will not be introduced for the time being.

By Amelie Richter

Xi writes letter to American friend

Xi Jinping has advocated for better relations between China and the United States beyond the political and economic tensions between the two nations. In a letter to long-time acquaintance Sarah Lande from Muscatine, Iowa, US President Xi Jinping encouraged more personal exchanges between the two superpowers.

By Michael Radunski

VW and Toyota continue to lose market share

While Volkswagen and Toyota still rank among the top ten auto companies for gasoline-powered vehicles in China, they are increasingly falling behind in the EV sector.

By Michael Radunski