German Finance Minister assures CNBC that German carmakers don't need to fear Chinese competition, stating German cars are the best.
German Finance Minister Christian Lindner assured CNBC that German carmakers don't need to fear competition from China, stating that "German cars are the best cars in the world, doesn't matter if internal combustion engine or electrified vehicle." This comes amid tensions about Chinese green technology exports, with the EU and U.S. expressing concerns about Chinese trade practices and policies.
April 19, 2024
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