Tag: Foreign investment
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.…
Volkswagen secures battery raw materials from Brazilian mines
Nickel processing in Indonesia Car manufacturers are increasingly securing direct access to important raw materials. (Photo: Reuters) Zurich, Dusseldorf Car makers Volkswagen and Stellantis and mining group Glencore are backing…
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…
Habeck removes chip manufacturer with Chinese owner from funding list
Robert Habeck Habeck and those around him considered it a mistake to support a company that was ultimately backed by the Chinese, especially when it came to a key technology…
“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…
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…
US warns China against attack on Taiwan
Washington Washington and Beijing had just started to cultivate their diplomatic contacts. In May there was a first talk at a higher diplomatic level after a long radio silence. But…
US warns China against attack on Taiwan
US Secretary of Defense Lloyd J. Austin China has already responded to US Secretary of Defense Lloyd Austin’s statements, accusing him of “false allegations”. (Photo: AP) US Secretary of Defense…
China’s defense minister threatens to conquer Taiwan
Li Shangfu China will never promise not to use weapons against Taiwan, China’s new defense minister said. (Photo: via REUTERS) Singapore China’s new defense minister Li Shangfu has threatened a…