According to anonymous sources cited by "Reuters," Chinese manufacturers are seriously considering acquiring German Volkswagen factories slated for closure. If this sale occurs, it would be an unprecedented situation.

Germany's top-end carmakers took a battering at home and in China in 2024, sales volume data showed, as wealthier consumers held back on purchases amid an uncertain economy and on slower than expected electric vehicle sales.

India and China will continue to drive global economic growth in the next two years, while the United States could also benefit from a more neoliberal approach by the new administration. But Germany is lagging behind.

Visitors spend their leisure time at a coffee shop in the Hongmei cultural and creative industry park, which is transformed from an old factory, in Tiexi District of Shenyang, capital of northeast China's Liaoning Province, Nov. 30, 2024. (Xinhua/Sun Ruibo)

Chinese investors are considering buying German car factories, including Volkswagen's, to establish a stronger presence in Europe's auto industry. This move aims to avoid EU tariffs on imported electric vehicles and deepen China-Germany industrial ties,

Beijing said on Friday it hoped "Germany will stop hyping up so-called espionage risks from China and not set up obstacles to the healthy and stable development of China-Germany relations".

For a long time, Germany has valued China's exhibition market and continuously deepened cooperation. Shanghai New International Expo Center (SNIEC), a joint venture between Lujiazui Exhibition Development Co Ltd Deutsche Messe AG, Messe Düsseldorf GmbH, and Messe München GmbH, is jointly operated by China and Germany.

Germany is giving its armed forces the ability to shoot down unidentified drones suspected of spying on military bases, industrial facilities and other critical infrastructure, according to people familiar with the matter.

China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.

Beijing warned Germany on Friday to stop "hyping up" spying risks a day after prosecutors there charged three people suspected of supplying technological information to Chinese intelligence.

BERLIN (Reuters) -Germany's top-end carmakers took a battering at home and in China in 2024, sales volume data showed, as wealthier consumers held back on purchases amid an uncertain economy and ...

BMW posted a drop in annual sales on Monday, joining its German peers in reporting numbers weighed down by economic weakness in China, the world's largest car market, and Germany. The German premium carmaker sold 2,