European Firms Cut China Investments Amid Economic Slowdown
European firms reduce investments in China amid economic slowdown, overcapacity, and trade tensions, as profits decline and competition intensifies.
European firms reduce investments in China amid economic slowdown, overcapacity, and trade tensions, as profits decline and competition intensifies.
Volvo Cars' May 2025 sales dropped 12% due to US tariffs, with electrified models falling to 44% share. Cost-cutting includes 3,000 job cuts amid global auto industry challenges. (219 characters)
US imports plummet 20% in April due to Trump's tariffs, marking a record monthly drop. Trade deficit shrinks as Canada and China exports hit multi-year lows. Talks continue amid global trade tensions. (219 characters)
Could Germany's steel industry rebound amid rising defense demands and US tariffs? Experts weigh in on challenges and opportunities for economic revival.