Trade with the People's Republic is booming, and the financial year 2021 promises new records. Nevertheless, criticism of the current China strategy is growing in Switzerland. Can the country maintain its famous neutrality even though it is bound to the People's Republic by a free trade agreement? A dilemma for the Swiss.
By Amelie Richter
The Chinese battery manufacturer SVOLT wants to start serial production in Saarland by 2024 at the latest. Nevertheless, European head Kai-Uwe Wollenhaupt warns of a battery bottleneck due to the enormous demand. He recommends car manufacturers to secure capacities now. However, SVOLT will not plunge the competition into a price war, the Dortmund native promises in an interview with China.Table. Marcel Grzanna conducted the interview.
By Marcel Grzanna
With the takeover of the Beijing real estate group Soho China, the US private equity company Blackstone has made its largest real estate deal in China to date. The takeover cost a good $3 billion. This is already the third billion-dollar deal with China in just a few months. Other large financial companies are also expanding in China.
By Frank Sieren
Xi Jinping is giving the Communist Party a magnificent museum full of symbols to mark its centenary on July 1 – and immortalizing himself in the process.
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