The 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 German media outlets Der Spiegel and ZDF published a joint investigation on Friday. The investigation found that in 2018 and 2019 people employed by BASF’s Chinese partner company, Xinjiang Markor Chemical Industry, in Xinjiang accompanied Chinese state officials on home…
Tag: Germany
6 Great Space Images in January
An asteroid burned up over Germany on Jan. 21. The rock was only three feet in size and posed no risk to people on the ground. But astronomers used planetary defense software to detect the asteroid and pinpoint where it would enter the atmosphere. Meteorite hunters found pieces of it days later in Poland. Michael Aye, via Storyful NYT
Why Volkswagen Is Hiring 3,000 Engineers in China
A bright orange robot, 10 feet tall, looms over Volkswagen’s new electric car assembly line in central China. It was imported from Germany. The factory’s other 1,074 robots were made in Shanghai. Volkswagen used to import shock absorbers from Central Europe for cars it makes at Chinese factories. Now it buys them from a company in China for 40 percent less. After relying for decades on engineers in Germany to design cars for the Chinese market, Volkswagen has begun hiring for a team of nearly 3,000 Chinese engineers, which will…
Visualised: how all of G20 is missing climate goals — but some nations are closer than others
Not a single G20 country has policies in place that are consistent with the Paris agreement’s goal of limiting global heating to 1.5C and meeting their “fair share” of emissions reduction. The assessment, based on data up to 5 December provided by the Climate Action Tracker, comes as leaders gather in Dubai for the Cop28 conference. It assesses each country against its “fair share” contribution to the effort to reduce greenhouse gas emissions, taking into account considerations such as the historical emissions of higher-income countries, which may increase their responsibility…
Mercedes says electric car market is ‘brutal’ for manufacturers
Mercedes-Benz has said the electric car market is “brutal” for carmakers as heavy competition forces them to cut prices. Sales of electric cars are soaring in Europe and China, with the US further behind, but the rush of new launches is putting pressure on European manufacturers in particular, who are struggling to compete with cheap models coming from China. Harald Wilhelm, the chief financial officer of Mercedes-Benz, said the electric car industry was “a pretty brutal space”, on an analyst call on Thursday, Reuters reported, after the German carmaker reported…
Beijing summons German ambassador after foreign minister calls Xi Jinping a ‘dictator’
Beijing has summoned the German ambassador to China after foreign minister Annalena Baerbock called president Xi Jinping a “dictator”, Berlin has said, in the latest flare-up of tensions between the countries. While they are major trade partners, Berlin-Beijing ties have been fraying as some in the German government take a harder line over issues ranging from human rights to Taiwan. Baerbock, who has pushed for a more hawkish line, made the remarks in a Fox News interview on Thursday during a visit to the US. While talking about the Ukraine…
Chinese Cars Star at Munich Auto Show, Underscoring German Economic Woes
For decades, the phrase “Made in Germany” signaled cutting-edge automotive technology and design. But now German automakers are falling behind in the global race to produce more electric vehicles, and some executives are using a new catchphrase to describe how quickly they need to catch up: “China speed.” The term reflects the rapid transformation of the Chinese car industry into a battery-powered juggernaut. And that speed was on display Monday at I.A.A. Mobility, a massive auto show in Munich, with newcomers from China stealing the show. BYD, an all-electric Chinese…
Germany Says China Trade Could Create Perilous Dependence
The German government approved its first national strategy on China on Thursday, defining the Asian superpower as “a partner, competitor and systemic rival” and calling for a significant reduction of dependency on Chinese goods while still maintaining economic ties worth hundreds of billions of dollars. The new policy calls for export controls and the screening of investments by German companies doing business in China to protect the flow of sensitive technology and know-how. Chancellor Olaf Scholz’s government adopted the 64-page document on Thursday, after months of discussions and delays stemming…
As Germany’s Business Model Wobbles, Firms Reassess Reliance on China
Amid the ruins of a city ravaged by World War II, Karl Haeusgen’s grandfather invented a hydraulic pump he was so proud of that he founded a company to sell it. Back then, there were no revenue projections or five-year growth strategies. The plan was survival: “It was just about grabbing chances,” Mr. Haeusgen said. Seven decades and three generations later the family business, Hawe Hydraulics, ships some 2,500 parts around the globe. Instead of scrambling for sales, though, Mr. Haeusgen must parse the geopolitics of an ever more polarized world. “A third of…
Can China Export Its Way Out of Its Economic Slump?
China dominates the global sale of solar panels and has caught up with Japan as the world’s largest car exporter. It is even gaining in the worldwide sale of low-tech products like shoes. Now Beijing is weighing whether to deploy its considerable power as an exporter to try to stabilize an economy laboring under distinctly homegrown problems — a real estate crisis and weak spending by consumers still cautious after nearly three years of stringent pandemic restrictions. The decision could reverberate throughout the global economy and provoke a backlash among…