German consumers are growing aware of the issue of forced labor in Xinjiang. A clear majority favors an import ban on corresponding products. The German public also supports the closure of a VW plant in Urumqi. This was the result of an exclusive survey by the market research institute Civey.
By Marcel Grzanna
China's zero-Covid strategy has thrown global trade into disarray. The retail and consumer goods sectors, which sourced a large proportion of their goods from the People's Republic before the pandemic, have also been hit hard. The supply bottlenecks in the wake of the Shanghai lockdown have once again shown how great the dependency really is. This is likely to change in the long term, says entrepreneur Jan Philippi. The interview was conducted by Felix Lee.
By Felix Lee
Beijing is increasingly relying on battery swaps for EVs. Manufacturers continue to rapidly expand their station networks and receive subsidies for it. The main reason for the promotion: The price of an EV becomes significantly cheaper because customers merely rent the battery instead of having to pay for it upon purchase.
By Frank Sieren
