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Gotion High-tech (国轩高科), a Chinese battery maker, opened its first European assembly line on September 16
The German auto industry has expressed concern that the new anti-subsidy investigation the European Commission launched against electric vehicles from China will lead to higher prices and make EU trade policy further protectionist.
German enterprises are doubling down on their investment in China's fast-growing new energy vehicle industry
"Chinese manufacturers are increasingly giving German manufacturers a run for their money in their home European Union market, especially in advanced industrial goods where Germany is a leader," reported Reuters on August 15.
German auto suppliers are turning to Chinese OEMs to reduce dependence on local manufacturers who are losing market share due to the strengthening of Chinese manufacturers.
Taicang, a city in eastern China’s Jiangsu Province, has attracted 487 German enterprises, forming three major innovative clusters
Chinese and German carmakers are optimistic about more exchanges and cooperation as the two countries are forging closer relations in the automotive industry, reported China Daily on June 26.
Germany's exports to China rose 10.1% month-on-month in April to EUR8.5 billion ($9.1 billion)
Chinese smartphone giant OPPO is running its German website with a banner that reads, “Some of the Android phones are not available in Germany
Germany may limit the export of chemicals to China that are used to manufacture semiconductors as part of the government's efforts to reduce its economic exposure to the Asian economic superpower.