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Stellantis invests billions in Chinese electric carmaker

Stellantis invests billions in Chinese electric carmaker. With a Chinese partner, Opel's parent company Stellantis wants to gain better access to an important car market. It acquires shares in the manufacturer for 1.5 billion euros. Together, the companies also want to establish a joint venture for the production and sale of cars outside China – this is to be 51 percent owned by Stllantis. The joint venture, registered in the Netherlands, is expected to start its export business in the second half of 2024.

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Chinese tech companies are apparently still stocking up on Nvidia chips on a large scale

Washington wants to curb investment in China to protect U.S. technology – Beijing wants to fight back. According to a report, companies such as Baidu, ByteDance or Alibaba are relying on urgent purchases from a US manufacturer. China wants to "resolutely defend their own rights and interests," the Chinese state broadcaster CCTV quoted a spokesman for the Foreign Ministry in Beijing as saying on Thursday. The dispute over high-performance chips could exacerbate tensions between the world's two largest economies.

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Drones: China restricts exports

China has announced new export controls on drones. Restrictions apply to drones that are considered potentially dangerous. Beijing is responding to rising tensions with the US over access to technology. Drones produced for the hobby market are unlikely to be affected by the new regulations, but professional models used by police authorities could be more difficult to obtain in the future. In the U.S., the state of Florida had imposed a strict ban on Chinese-made drones for public authorities. However, the exact impact on international business has yet to be investigated.

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Давление мирового кризиса и устойчивость КНР — Фонд стратегической культуры

Давление мирового кризиса и устойчивость КНР — Фонд стратегической культуры
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