BASF has appointed Jens Hildebrandt, the current head of the German Chamber of Commerce and Industry (AHK), as is new head of Government Relations Greater China. He succeeds Jörg Wuttke, a long-standing and distinguished China expert, who is leaving for Washington in the summer.
By Amelie Richter
German politicians welcome BASF's withdrawal from Xinjiang. And yet, there is criticism. Because the company reacted late. In order to avoid angering the Chinese leadership, BASF also stresses environmental reasons for its decision.
By Marcel Grzanna
Politicians from the Inter-Parliamentary Alliance for China (Ipac) are demanding that BASF, the world's largest chemical company, stop its production in Xinjiang. The background to this are accusations against a partner company.
By
German companies are some of the biggest investors in China. Some are spending tens of billions on new projects. Analysts warn of increasing risks. But for the big players, growth in China is still just too tempting. Meanwhile, the Chinese sites of German companies continue to decouple themselves from the rest of the world.
By Nico Beckert
Despite zero-Covid and geopolitical tensions, BASF opens its new plant in China. The chemical giant will invest a total of around €10 billion. It is the largest investment by a German company in the People's Republic.
By Redaktion Table
