Tag: Foreign Investment by Country
EU Commission demands “immediate” Huawei ban
EU Internal Market Commissioner Thierry Breton Breton also warns German companies to stop working with Huawei and ZTE. (Photo: Agencja Wyborcza.pl via REUTERS) Brussels The EU Commission has announced that…
Chip manufacturer should probably get 9.9 billion euros in subsidies
Robert Habeck (Greens, right), Christian Lindner (FDP) The Federal Minister of Economics absolutely wanted to bring Intel to Magdeburg. The skeptical Minister of Finance was finally convinced by using a…
Chip manufacturer should probably get 9.9 billion euros in subsidies
Robert Habeck (Greens, right), Christian Lindner (FDP) The Federal Minister of Economics absolutely wanted to bring Intel to Magdeburg. The skeptical Minister of Finance was finally convinced by using a…
Siemens is investing two billion euros in new plants – China remains important
Siemens digital factory The internal project “Marco Polo” envisages doubling the sales of the core division “Digital Industries” in China by 2025. Munich, Beijing In dealing with China, the technology…
Siemens is investing two billion euros in new plants – China remains important
Siemens boss Roland Busch Despite all the global uncertainties, the manager continues to bet heavily on China. (Photo: dpa) Munich, Beijing Siemens wants to invest an additional two billion euros…
Putin received many cancellations for his business meeting in St. Petersburg
Riga The International Economic Forum in Saint Petersburg was once of global importance. Year after year, well-known European company representatives traveled to do business with Russia. This year the event…
Siemens builds new factory in Singapore
Siemens at the Hanover Fair The demand in the digital factory division with industrial automation is particularly high. (Photo: IMAGO/Future Image) Munich Siemens is planning a new automation factory in…
“For the Chinese, a car is a computer on wheels”
Motor show in Chongqing, China “German car manufacturers were late in getting involved with the electric car, but they are better adapted to the tastes of Europeans,” says Dan Wang.…
Lindner against higher billions in subsidies for the Magdeburg plant
Planned chip factory A computer graphic shows the semiconductor production planned in Magdeburg by the US group Intel. (Photo: dpa) Berlin Federal Minister of Finance Christian Lindner rejects higher subsidies…
Lindner against higher billions in subsidies for the Magdeburg plant
Planned chip factory A computer graphic shows the semiconductor production planned in Magdeburg by the US group Intel. (Photo: dpa) Berlin Federal Minister of Finance Christian Lindner rejects higher subsidies…
India targets Deutsche Bank for Xiaomi remittances
Deutsche Bank AG The banks had received the notifications because they allegedly had allowed such transfers abroad without a corresponding examination and request for the necessary documents. (Photo: dpa) New…
German companies in China want to invest more – despite the gloomy business prospects
companies in China Companies have also been demanding more equality, especially in public tenders, for a long time. (Photo: dpa) Beijing Despite clouded growth prospects and growing geopolitical tensions, German…
“Risk to collective security”: EU urges Huawei to be kicked out
Thierry Breton The EU Commissioner has asked the heads of the major mobile phone providers to Brussels. (Photo: Reuters) Brussels, Berlin It was a meeting at the highest level, both…
Germany’s exports to China continue to collapse
Berlin, Beijing The end of the strict zero-Covid policy in China in December 2022 was celebrated not only by the local population. German export companies also hoped for better business.…
EU considers banning Huawei on 5G rollout
5G expansion The EU wants to exclude some companies that are considered high-risk from the 5G expansion. (Photo: AP) Bangalore According to a newspaper report, the European Union (EU) is…
Sequoia spins off China business
Bytedance headquarters in Beijing In China, Sequoia had financed the Tiktok parent company with venture capital. (Photo: AP) Dusseldorf Venture capitalist Sequoia plans to split up its business. The reason…
Pistorius advertises billion-dollar submarine deal in India
Bangkok Defense Minister Boris Pistorius made an impression during his visit to India: “His passion for yoga is commendable,” wrote his Indian counterpart Rajnath Singh on Twitter after meeting the…
VW is creating space in China to build electric cars
VW plant in Anting The automotive group is reorganizing its production capacities in China. (Photo: Volkswagen AG) Dusseldorf Volkswagen is reorganizing its production capacities in China. By bundling production, the…
Kasper Rorsted becomes chairman of the advisory board at bicycle manufacturer Woom
Vienna The former Adidas boss Kasper Rorsted is realigning his career: As has now become known, the 61-year-old Dane will be chairman of the advisory board at the Austrian children’s…
Klingbeil in Beijing: The China dilemma of the SPD
Berlin Despite major differences, the exchange between China and Germany is currently more intense than it has been for a long time. One politician after another travels to the People’s…