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The battle over access to industrial raw materials such as lithium, cobalt, nickel and graphite has started. They are particularly vital for the expansion of renewable energy sources. But the major economic blocs are controlling their trade ever more tightly.
By Experts Table.Briefings
Just as the overall Chinese economy in the first full quarter after the end of “zero-COVID”, the automotive sector also exhibits a mixed picture in terms of post-pandemic recovery. The total retail sales of Passenger Vehicles in Q1 2023 recorded a sharp decrease compared to the same period in 2022. However, premium car sales have consistently outperformed the overall sector with high growth. This sharp segregation of consumption demands is likely to remain in place in the foreseeable future.
By Experts Table.Briefings
On Wednesday, Volkswagen's executive board will have to defend its China operations to shareholders: Loss of market leadership, the shortfall in the electric segment, and, above all, many unanswered questions about Chinese human rights violations in Xinjiang.
By Marcel Grzanna