With debate stirring in both the business community and the government, Germany's special relationship with China could be at a breaking point.
The reporter for Xinhua, the Chinese state news agency, cut straight to the chase: “You never plan to get out of the Chinese market, do you?” she asked.
She was addressing Jeffrey Lou, the president and chairman of Greater China at BASF, the German chemical giant, in a televised interview published on October 1, 2022. BASF had just started production at its newest site in China, with the promise to make its largest ever investment of €10 billion there by 2030 — all at a time when many
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Washington’s $370 billion Inflation Reduction Act was seen as a generational opportunity for miners in the U.S. as well as mineral rich trading partners. But almost two years later, the North American mining industry is in crisis and no closer to chipping away at China's dominance. What went wrong?
The academic explains why we need to look beyond the actions of the Chinese government to understand how and why China is shaping countries in the region.
Navigate China's Business Landscape with Confidence.