Tesla to acquire German battery assembly maker
Palo Alto – Tesla Inc has agreed to acquire German ATW Automation, a supplier assembling battery modules and packs for the auto industry, a source familiar with the transaction said on Friday. ATW, a subsidiary of Canadian ATS Automation Tooling … Continue reading Tesla to acquire German battery assembly maker
China Approves Three New Free Trade Zones
Beijing – Three newly established pilot free trade zones will further facilitate its high-level opening-up and boost high-quality growth through deeper reforms, especially in the areas of digital economy, high-end manufacturing and regional integration, senior government officials and experts said … Continue reading China Approves Three New Free Trade Zones
China factory prices fall as recovery continues
BEIJING – China’s factory gate prices fell at their slowest annual pace in five months in August as the world’s second-largest economy and its industries continued to recover from a slump caused by the coronavirus pandemic earlier this year. Annual … Continue reading China factory prices fall as recovery continues
15 countries to attend EU-Taiwan investment forum
Taipei/Brussels – The European Economic and Trade Office, the EU’s de facto embassy in Taiwan, will host on Tuesday its first local investment forum as European countries express growing distrust of Beijing and seek to diversify supply chains away from … Continue reading 15 countries to attend EU-Taiwan investment forum
USA: Decoupling economy from China on agenda
WASHINGTON – With the U.S. election approaching, President Donald Trump again raised the idea of separating the U.S. and Chinese economies, also known as decoupling, suggesting the United States would not lose money if the world’s two biggest economies no … Continue reading USA: Decoupling economy from China on agenda