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While Chinese auto OEMs gradually extend their footprints into Europe, foreign car manufacturers are heavily investing to stay successful in the highly competitive Chinese car market. Local partnerships play an increasingly important role, especially to gain access to technology and to conduct joint product development.
By Experts Table.Briefings
It is official: TSMC will invest in Germany together with German partners and receives generous subsidies. As sensible as the site is in the overall geopolitical picture, it does not solve one important problem. The most advanced technology remains in the US and Asia.
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Europe and the USA continue to lose influence in Africa due to the coup in Niger. The attitude of the coup plotters is anti-Western. This will benefit the BRICS countries, above all China, which remains neutral – if the situation remains militarily stable.
By Frank Sieren
