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Shanghai Reuters —German Chancellor Olaf Scholz pressed his case on Monday for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements as he spoke to a group of students in Shanghai. “At some point there will also be Chinese cars in Germany and Europe. The only thing that must always be clear is that competition must be fair,” Scholz told students at Tongji University in Shanghai. The German government and German businesses are also wary of any potential future conflict over Taiwan. “One of these principles is that we should not be afraid of our neighbors,” he told students, comparing global values and relations between countries to neighborly relations.
Persons: Olaf Scholz, Scholz, ” Scholz, , Xi Jinping Organizations: Shanghai Reuters —, , Tongji University Locations: Shanghai, China, Europe, Germany, , Moscow, Ukraine, Taiwan
After Friday’s surprise discounts, Tesla’s EV prices in China are now between 13% and 24% below their September levels. A Tesla sign is seen at its factory in Shanghai, China, May 13, 2021. ‘Return the money’Other videos appearing to be of Tesla owners protesting were also posted to Chinese social media platforms on Saturday. Tesla does not plan to compensate buyers who took delivery before the most recent price cut, a spokesman for Tesla China told Reuters on Saturday. Analysts have been positive about the potential for Tesla’s price cuts to drive sales growth at a time when it is a year from announcing its next new vehicle, the Cybertruck.
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