Expansion strategy: BYD plans to sell half of its cars overseas by 2030.
China's largest EV manufacturer wants to sell half of its vehicles outside its domestic market by 2030 – with Europe in its sights.
By Ning Wang
China's largest EV manufacturer wants to sell half of its vehicles outside its domestic market by 2030 – with Europe in its sights.
By Ning Wang
China exported more than expected in April despite the announced US tariffs. This could strengthen Beijing's negotiating position in the short term. However, the import data does not bode well for China's domestic consumption.
By Manuel Liu
The trade talks in Geneva between China and the USA have borne their first fruits, raising hopes of détente. An initial tariff agreement is expected to be announced on Monday. The stakes remain high for Europe and the German export industry in particular.
By Fabian Peltsch
Ukraine claims to have uncovered a Hungarian spy network. In response, the Ukrainian government first expelled two Hungarian diplomats, after which the Hungarian government also reacted by expelling two diplomats.
By Markus Grabitz
The Chinese central bank intends to boost domestic consumption with a series of interest rate cuts. In light of the trade war with the US, the head of China's central bank, Pan Gongsheng, spoke of a global economy full of uncertainty.
By Leonardo Pape
Russia and China want to update an investment agreement between the two countries. On "Victory Day", Xi Jinping and Vladimir Putin also emphasize their joint historic fight against fascism. China will send an honor guard to Moscow for the "Victory Day" parade.
By Leonardo Pape
Xi Jinping has sent remarkably warm words of congratulations on the election of Friedrich Merz as German chancellor. The state-run China Daily called on Merz to build on the past for the future.
By Ning Wang
Hopes are fading in the EU that the US President will largely withdraw his tariffs. In that case, the Europeans could target US goods worth EUR 95 billion euros. Meanwhile, Trump and Starmer announce a trade agreement.
By Till Hoppe
The global economy is characterized by growing uncertainty, and European companies in China are right in the middle of it. A local survey by the EU Chamber of Commerce shows the extent to which geopolitical tensions between the USA and China are now also affecting European companies. The good news is that many companies believe they are well prepared.
By Lukas Knigge