Home » This shows the fatal China risk of large German corporations

This shows the fatal China risk of large German corporations

by admin
This shows the fatal China risk of large German corporations

The two BASF plants in Korla are small and economically “very irrelevant,” points out Arne Rautenberg, fund manager at Union Invest. The damage to reputation, on the other hand, is great. “The question is why BASF has gotten into this trouble all these years,” says the expert. With the large Verbund site, BASF now has enough negotiating leverage to say goodbye to Xinjiang without any worries. The construction of the new, nine square meter Verbund site in Guandong Province is considered a prestige project not only for BASF, but also for China.

See also  In the USA, Robert Habeck is experiencing the growth that is missing at home

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy