China is sticking to its target of 5.5 percent growth for this year - even though the Premier has set it before the big lockdowns. As a result, Western analysts have long since downgraded their forecasts. However, top economist Justin Lin still considers the target to be realistic.
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Volkswagen faces a dilemma between the necessary proper conduct in China and the changing sentiment in Western countries. Criticism from unions and politicians centers on the final assembly line in Urumqi. At the time of the plant's founding, the project could still be assumed to have good intentions. Today, Xinjiang is only associated with severe human rights violations.
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