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China (English)

Luxury market: Why the big bet on China could be lost

China was a paradise for European luxury manufacturers. In the economic downturn, however, many Chinese are losing their appetite for expensive purchases. When they do buy, they prefer to do so on the gray market. Everyone is talking about the online platform Dewu.

By Jörn Petring

Stock swap: Why two state-owned shipyards merge

Two listed shipbuilders want to merge to supply the military more efficiently and follow Beijing's major state strategy. Both are already subsidiaries of a state-owned shipbuilding conglomerate.

By Christiane Kuehl

Seat CEO: EU punitive tariffs harm EVs of Spanish brand Cupra

In an interview with Reuters, Seat CEO Wayne Griffiths has rejected the EU's punitive tariffs against electric cars manufactured in China. He said the tariffs affect EVs produced in Anhui by its subsidiary brand Cupra, making them too expensive.

By Redaktion Table