The largest Lego store in the world has opened in Shanghai, China. It's part of the toymaker's expansion in the Asian market.
The luxury electric carmaker reportedly has reached an agreement with China to build a production facility in Shanghai's free-trade zone, potentially giving Tesla a unique edge in the world's largest e-car market.
The iconic Danish toymaker is facing its biggest test since flirting with bankruptcy in 2003, announcing it will lay off 8 percent of its staff after reporting its first fall in sales in more than a decade.
If the European Union continues to underestimate its bilateral economic and power relationship with China, it risks not being able to improve its position, says DW's Frank Sieren.
After ratings agency Moody's cut China's sovereign credit rating, Asian shares have fallen and the Australian dollar skidded on renewed worries about the impact of rising debt in Asia's economic powerhouse.
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