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China is pushing for the development of solar and wind energy. After a dip in expansion statistics in the last two years, wind power is now set to take off again. The expansion targets are ambitious; provinces provide subsidies and companies focus on scale. However, power grids and power markets need to improve to make renewable energy efficient.
By Christiane Kuehl
Protests against Volkswagen's involvement in Xinjiang are intensifying. During the annual general meeting, a pie is thrown towards the podium and an activist tears off her clothing from her upper body. The company responds with stubborn PR clichés. Whether this is enough to appease the critics is questionable.
By Marcel Grzanna
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
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
