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Cautious chinese investors very happy about this new market in shanghai and there s a lot of rivalry between shanghai and hong kong anyway so the turmoil hong kong won t be helping at the same time hong kong still has a lot to offer for international investors and you know there are fears of capital flight it still has transparency it s it has international connectivity which you don t necessarily get with shanghai all right cliff it can and they are what china expert reporter thank you so much for your insights. u.s. president donna trump has repeatedly threatened to head to europe where it hurts by introducing a 25 percent levy on its car exports to the u.s. germany s economy minister peter my has suggested the e.u. could be willing to take extraordinary action to prevent that from happening he says the european union is open to the idea of scrapping the terrorists on american cars entering the continent altogether. the us president says europe s carmakers have been living the high l ....
Expert reporter thank you so much for your insights. u.s. president donald trump has repeatedly threatened to head to europe where it hurts by introducing a 25 percent levy on its exports to the u.s. germany s economy minister peter my has suggested the e.u. could be willing to take extraordinary action to prevent that from happening he says the european union is open to the idea of scrapping the terrorists on american cars entering the continent altogether. the us president says europe s carmakers have been living the high life for too long with their products able to as he puts it freely pour into the u.s. while american motors face big tariffs is he right. well it s true that a small european car will be charged a 2.5 percent levy on entering the u.s. but the other way around the tariff is much higher 10 percent however it gets ....
A consortium looking to produce electric car battery cells in the country the measure is expected to be announced later today by economy minister peter my i designed to reduce the dependence of german economy goes on asian battery supply us and protect german jobs at risk from the shift away from combustion engines. the future of the automobile sector is electric a message that s finally hitting home in germany the country now has just fifty four thousand electric cars on the road that s not many but twenty thousand more than just a year ago. more and more german carmakers are producing electric models folks and has announced a total sales target for all its brands of three million units per year by twenty twenty five but to meet those goals manufacturers need huge amounts of battery cells and there are not enough of them in germany the largest battery producers are in japan china and south korea and so far they have the market effectively cornered ....