Held in Shanghai last year, China’s largest car industry event has returned to the country’s capital. The Chinese market has become increasingly important for German manufacturers.
Germany's car industry association says billions will be spent on electromobility over the next three years to cement the future of the auto sector. Domestic car production is, however, expected to fall this year.
"The German economy rises and falls with China." Bankers are generally not known for their hyperbole, but the words of Jörg Krämer of Commerzbank, speak to a truth that appears increasingly evident.
As the US pushes allies to follow suit in closing the door to Chinese telecom firms, Berlin is finally waking up to cybersecurity risks. But some say Germany is still underestimating a wider threat.
Mercedes-Benz's seemingly innocuous Instagram post prompted outrage in China and the German carmaker has since apologized. Mercedes is one of a number of brands to upset Beijing with its online marketing.
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