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HAMBURG, Germany/ HONG KONG -- Great Wall Motor is closing its European headquarters in Munich on Aug. 1 and laying off all 100 employees, including the management team, after disappointing electric vehicle sales in the continent's biggest auto market, Nikkei Asia has learned.
WILHELMSHAVEN, Germany -- A German frigate and combat supply ship set sail from Europe to Asia this week in a show of support for allies facing China's "aggressive behavior," with the defense minister not ruling out the prospect of the vessels passing through the Taiwan Strait.
HAMBURG, Germany -- Chinese President Xi Jinping on Friday wrapped up his European tour in Hungary where both sides signed a raft of deals, following a similarly productive trip earlier to Serbia, highlighting the different approach he took in France.
HAMBURG, Germany -- An ethical investment association in Germany is calling on sustainable investment funds to sell out of Volkswagen Group positions over allegations that forced Uyghur labor was used in the company's Xinjiang operations.
HAMBURG, Germany -- The first biomethanol container ship built by a Chinese company is set to depart from Shanghai for Rotterdam in the second quarter, as the industry moves toward cleaner fuels following a new European Union rule requiring large shippers submit emission certificates.