Elon Musk warns of EV competition
Tesla CEO Elon Musk expects Chinese car manufacturers to "demolish" their global competitors without trade restrictions. In terms of sales, BYD has already overtaken the US market leader in 2023.
By Redaktion Table
Tesla CEO Elon Musk expects Chinese car manufacturers to "demolish" their global competitors without trade restrictions. In terms of sales, BYD has already overtaken the US market leader in 2023.
By Redaktion Table
China will not recover from its economic slump any time soon. That is the general tenor of the Global China Conversations organized by IfW Kiel. The experts criticize Beijing's interventionism and advise the West to be more self-confident.
By Christiane Kuehl
The traditional British company Stemcor has been in the hands of Chinese companies for several years. However, according to a media report, a company with state connections could now become the new owner.
By Amelie Richter
A Roland Berger study suggests that concerted action at the 1,000 companies with the largest carbon footprint could cut 8 billion tons of CO2. This would be cheapest with renewable energies, with China and India bearing the greatest burden.
By Bernhard Pötter
China's central bank is lowering the minimum reserve requirement for commercial banks by 50 basis points starting from Feb. 5. This move is aimed at injecting liquidity worth around 130 billion euros into the market.
By Redaktion Table
39 people have died in a major fire in the city of Xinyu. It is the second fatal fire in China within a week.
By Fabian Peltsch
The EU is seeking to enhance the protection of its research and development from Chinese influence and access.
By Amelie Richter
The Bundesbank warns against too rapid decoupling from China, as it poses significant risks to the stability of the German economy and financial system.
By Fabian Peltsch
China's domestic smartphone market grew by 6.5 percent in 2023. This is the first growth since 2021, and it seems that the industry has bottomed out. Competition is also picking up.
By Redaktion Table
Following the government's announcement of support measures, Chinese shares are recovering from their slump. Overall, the stock markets have been lagging behind the global markets for years and are posting heavy losses.
By Redaktion Table