Detailed text transcripts for TV channel - DW - 20180710:07:20:00
Response to higher tariffs chinese motorists will now have to fork out twenty percent more for teslas model x. or s. the cash burning company can't afford to fully absorb the higher costs of the new duties sales in china made up a big chunk of revenues last year tesla plans to build a factory in shanghai to serve the local market that would allow it to dodge the tariffs but it's some way. chinese president xi jinping has promised credit and other financial backing to arab countries totaling twenty three billion dollars it's a clear bid to gain influence in the middle east the pledge includes a...