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2024-04-16 10:02:31
Europe
Automotive
Business

German Car Manufacturers in China: Emphasizing Competition and Cooperation

German car manufacturers like BMW and Mercedes-Benz are focused on competing with Chinese rivals in China and expanding their presence through fair trade. Both companies, accompanied by Chancellor Olaf Scholz, stress the importance of free world trade and see China as an opportunity rather than a threat.

Meanwhile, the CEO of a major Chinese EV automaker calls for cooperation amidst global political tension, highlighting the benefits of openness and industry competition. As Germany navigates its economic relationship with China, the emphasis remains on balancing competitiveness and cooperation for mutual growth.

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Aktuelle Nachrichten aus Asien
16. April 2024 um 02:57

German Car Manufacturers in China: "Best protection is to be competitive"

Economy
Politics
German car manufacturers want to compete with Chinese rivals and expand their presence in China. They do not support punitive measures against Chinese electric car manufacturers and emphasize the importance of fair and free trade. German Chancellor Olaf Scholz is accompanied by the CEOs of Mercedes-Benz and BMW, hoping for support in expanding economic relations with China.
Wirtschaft und Börsen-Nachrichten
16. April 2024 um 02:57

German Car Manufacturers in China "Best protection is to be competitive"

Politics
Economy
The CEOs of Mercedes-Benz and BMW accompany Federal Chancellor Olaf Scholz on his trip to China to expand their commitment in China and warn against a trade dispute. They emphasize the importance of free world trade and competition to be competitive. Both car manufacturers do not feel threatened by Chinese manufacturers and want to maintain and expand economic relations with China.
Spiegel Wirtschaft
16. April 2024 um 08:22

BMW and Mercedes warn against trade dispute with China - DER SPIEGEL

Politics
Economy
The German car manufacturers BMW and Mercedes have spoken out against a trade dispute between the EU and China. Both companies see China more as an opportunity than a risk and want to further expand the German-Chinese economic relations. The EU is currently examining whether there is unfair competition from Chinese electric cars.
Stock Market Breaking News by Wall Street Experts - TheStreet
18. April 2024 um 12:21

Chinese EV CEO calls for 'cooperation' amid political tension in U.S.

Economy
Politics
The CEO of a major Chinese EV automaker, William Li, calls for cooperation and openness in the face of protectionist measures from countries like the U.S. He highlights the importance of building connections and fostering understanding in a divided world. Li cites Tesla's success in China as an example of how openness can benefit industries and drive competition.
Saturday5/18/2024
9:49:33 AMCW 20

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