German mechanical engineering companies have presented a China position paper in which they criticize Beijing's unfair subsidization of its companies. They call for political backing from Berlin and Brussels.
By Manuel Liu
The European Commission has officially launched negotiations for a free trade agreement with the United Arab Emirates (UAE). A first technical meeting between the negotiating teams is scheduled for June.
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Chinese engineers and scientists have developed a cable winch system for use in extreme ocean depths. It is designed to lay submarine cables in the Mariana Trench.
By Angela Köckritz
No developing country in the world has received as much support from Germany in the form of expertise, technology transfer and all kinds of aid as the People's Republic has since the beginning of its reforms. Were we too naive in the face of a potential systemic rival?
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Ulrich Reichert has been China CEO of Wirtgen Group, a manufacturer of road construction machinery, for 32 years. Reichert is currently experiencing one of the most severe economic downturns he has had to manage in his long career. Sales in the infrastructure sector have recently slumped considerably. The last time he experienced a similar crisis was ten years ago, after economic stimulus programs were phased out as a result of the global financial crisis. Frank Sieren spoke with Reichert.
By Frank Sieren
Ulrich Reichert has been China CEO of the Wirtgen Group, a manufacturer of road construction machinery, for 32 years. Reichert is currently experiencing one of the deepest economic downturns he has had to manage in his long career. Sales in the infrastructure sector have recently plummeted significantly. The last time he experienced a similar crisis was ten years ago, he said, after economic stimulus programs were phased out as a result of the global financial crisis.
By Frank Sieren
