Jul 4, 2024, 11:16 AM
Jul 4, 2024, 11:00 AM

The planned sale of VW's gas turbine business to China was halted by Germany

Euro News
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Source
Germany halts the planned sale of VW's gas turbine business to China

This move, although made to protect Germany and the EU’s sensitive technology, has also raised concerns about Germany’s competitiveness in the international market.

CNN
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Source
Germany blocks another big business deal with China

Germany has blocked the sale of a Volkswagen subsidiary to a Chinese state-owned company on national security grounds, delivering a fresh blow to the already tense relationship with its biggest trading partner.

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