Monica Raymunt

2 weeks ago | bloomberg.com | Josh Xiao |Monica Raymunt

Vor mehr als zwei Jahren ging Chinas größter Hersteller von Elektrofahrzeugbatterien in Mitteldeutschland eine 1,8-Milliarden-Euro-Wette auf die Zukunft des Welthandels ein. Contemporary Amperex Technology eröffnete eine weitläufige Fabrik am Stadtrand von Arnstadt nahe Erfurt – die erste außerhalb Chinas – und unterstrich damit die Erkenntnis von Präsident Xi Jinping, dass protektionistische Tendenzen weltweit anhalten werden.

2 weeks ago | bloomberg.com | Monica Raymunt

Elon Musk during the start of production at the Tesla factory in Gruenheide, Germany. (Bloomberg) -- Tesla Inc. workers shouldn’t pay the price for Elon Musk’s polarizing foray into politics, a minister for the German region home to the carmaker’s sole European factory said. Tesla’s plant in the state of Brandenburg makes the Model Y for more than three dozen markets, most of them in Europe.

2 weeks ago | japantimes.co.jp | Josh Xiao |Monica Raymunt

More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a €1.8 billion ($2 billion) bet on the future of global trade. The decision by Contemporary Amperex Technology Co. Ltd. (CATL) to open a sprawling factory in central Germany — its first outside China — symbolized President Xi Jinping’s recognition that protectionist impulses around the world are here to stay.

2 weeks ago | news.bloombergtax.com | Josh Xiao |Monica Raymunt

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

2 weeks ago | news.bloomberglaw.com | Josh Xiao |Monica Raymunt

More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a €1.8 billion ($2 billion) bet on the future of global trade. The decision by Contemporary Amperex Technology Co. Ltd. to open a sprawling factory in central Germany — its first outside China — symbolized President Xi Jinping’s recognition that protectionist impulses around the world are here to stay.