Originally Posted by
Xeptu
No-one in the west is investing in China we are all packing up and going home. Macron tried to stop that but I doubt that will make any difference. If you look at the activity in China's main sea ports you can see it happening. There are a few countries in southern Europe, especially France which have some serious decisions to make. When the war in Ukraine is over those countries still sitting on the fence are going to get left out in the cold. It hasn't gone un-noticed which ones they are. It will be decades before we trade with China or Russia, if ever again.
China was allowed to buy a significant part of the port of Hamburg early this year. this was not something that passed because nobody was paying attention: it was so controversial that it had to get the nod from Scholz ( who used to be mayor of Hamburg ).
April 4th ".
https://www.ft.com/content/37b2d801-...1-3da08b609913
" Tesla has announced plans to build a factory in Shanghai to produce its Megapack energy storage system, as chief executive Elon Musk resists rising opposition in Washington to US technology companies investing in China. The electric-vehicle maker said at a signing ceremony in the Chinese city that construction of the plant was planned for the third quarter of this year, with production scheduled to begin in the second quarter of 2024. Tesla expects the factory to produce about 10,000 Megapack units a year — reflecting Musk’s decision to deepen engagement with China just as his car business struggles to fend off growing competition from Chinese rivals."[/b]