Trump Rejects TPP: President-elect says US will quit Pacific free-trade deal - VW Reconfigures: Car maker to scrap thousands of jobs, focus on e-mobility - Refugee camp sees trade flourish
German companies are closely following all developments that might give them an idea of exactly how the United Kingdom will leave the European Union. Soft or hard Brexit — that's the question yet to be answered.
The automotive industry is coming under increasing pressure worldwide due to a growing focus on electric mobility, autonomous driving and digital services. Competition from China is also on the rise.
The German development minister has warned African businesses against taking out loans from China. At the same time, the German Finance Ministry is hoping Beijing will be using more financial services from overseas.
Berlin has offered some assurance to British nationals living in the German capital. In the event of a "no deal" Brexit, Britons will be allowed to continue residing in the German city-state.
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