The Asian giant’s dominance in the green sector has become a headache for the EU: it needs China’s products to meet decarbonization objectives, while simultaneously seeking to protect its industries and avoid becoming dependent on a foreign power
The Volkswagen crisis is just the tip of the iceberg of a larger problem. Europe’s old locomotive has stalled and must overhaul its industrial system, based on cheap Russian energy and exports to China
Warren Buffett, Rupert Murdoch, Carlos Slim, Amancio Ortega, Juan Roig, Giorgio Armani and Bernard Arnault are facing one of the most critical moments for any family business: generational change. And in some cases, it is far from clear who will be their successor
Hefei, a city in the east, has become a model to follow for the technological development that Beijing wants to achieve in an economy that has been affected by the real estate crisis
The report links aluminum — a material used in dozens of car parts — to the labor transfer programs, where workers reportedly face ideological indoctrination and limited freedom of movement
For the first time in its history, the Asian giant has become the world’s largest exporter of automobiles, overtaking Japan. It is doing so with electric vehicles boosted by state aid and the country’s dominance over battery manufacturing resources
The electric car company has lost more than 70% of its value on the stock market and analysts doubt that it can maintain its market share in the long term