China is bringing car production to EU
One source
What the source said
France 24 English
“China is bringing car production to EU”
China has moved from exporting cars to bringing entire auto industry ecosystems, building up production capacity in Europe and boosting partnerships with local companies. Arthur D. Little's automotive expert Philipp Seidel tells France 24 that while tariffs and quotas can buy time, EU carmakers must improve their own competitiveness and not become too dependent on Chinese suppliers. But first, we look at the latest IMF global growth forecast and warning about rising debt.
Read at France 24 EnglishReported by one source so far. It is confirmed when a second, independent source reports the same thing.