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Olaf Scholz says European cars should have equal access to Chinese customersEurope live – latest updatesThe chancellor of Germany has urged industry bosses in China to play fair by not overproducing cheap goods or infringing copyright rules.Speaking on a three-day visit to China, where he is travelling with leading business representatives and three government ministers, Olaf Scholz said he, in turn, would encourage the...

German Chancellor Olaf Scholz arrived in China on Sunday, kicking off a trip in which he faces a tough balancing act as he aims to shore up economic ties with Berlin’s biggest trading partner. Scholz touched down in the southwestern megacity of Chongqing on Sunday morning, Chinese state broadcaster CCTV said, accompanied by a large […]

German chancellor follows in the footsteps of Joe Biden and other leaders on social media platformThe German chancellor, Olaf Scholz, has opened a TikTok account, promising he will not be seen dancing on the social media platform popular with young people.The newest official government channel “increases the information offer to citizens, who increasingly inform themselves and discuss politics on TikTok”, Scholz’s spokesperson, Steffen Hebestreit,...

Thousands of cars from China’s BYD rolled off a ship in the German port of Bremerhaven on Monday, as the world’s biggest electric carmaker brought its challenge directly to Europe’s auto making powerhouse. The delivery was made by the BYD Explorer No.1, the first of eight cargo ships specially commissioned by the Chinese group to […]

Official data has reports Japan economy in 2023 was $4.2 trillion in 2023, while Germany’s was $4.5 trillion. The U.S., the world’s largest economy, is expected to grow 5.8% to $26.94 trillion. China’s economy, the world’s second-largest, is forecast to shrink 1.0% to $17.7 trillion. Germany tripled from the 1990s to today. The Japan and ... Read more

TOKYO (AP) — Japan has slipped to the world’s fourth-largest economy as government data released Thursday showed it fell behind the size of Germany’s in 2023.The numbers highlight how the Japanese economy has gradually lost its competitiveness and productivity while the population shrinks as Japanese people age and ...

Chemicals producer says audits revealed no wrongdoing but recent media reports crossed red lineThe German chemicals producer BASF has said it will withdraw from its two joint ventures in Xinjiang, after media reports about alleged human rights abuses relating to its partner company, which BASF’s CEO said crossed a red line.In a statement on Friday, BASF said that while “regular due diligence measures including...

Exclusive: Politicians say chemicals producer ‘appears to be implicated’ in abuses of minorities in Chinese provinceThe German chemicals producer BASF “appears to be implicated in gross abuses” of Uyghurs in Xinjiang and should withdraw from the Chinese province, a group of politicians from around the world have said.The group made the allegation in a letter to BASF’s chair, Martin Brudermüller, on Monday, after the...