Your contact for new licenses
China has subsidized the e-car market with the equivalent of 4.3 billion euros over the past five years. However, the subsidies are decreasing per vehicle. They are to be phased out completely in 2023. There are many indications that this form of industrial policy will be successful: The expansion plans of the Chinese carmakers are proof of their conviction of their own competitiveness.
By Frank Sieren
EU Commission chief Ursula von der Leyen called Brussels' Indo-Pacific strategy a "milestone". But just hours before its publication, a US-led security pact is taking the wind out of the plan's sails, angering France – and calling transatlantic cooperation in the region into question.
By Amelie Richter