Good evening. What is the most interesting multinational company in the world today? Our cover story this week makes the case for Volkswagen doubling down on China just when most other foreign automakers are cutting their losses. Only time will tell whether the automaker's China strategy will succeed, but in the meantime, it's certainly fun to follow its maverick approach.
Elsewhere, we have infographics on Chinese automakers still hoping to enter U.S. markets; an interview with Shirley Kan on 45 years of the Taiwan Relations Act; a report on the industrial robot revolution in China; and an op-ed by Noah Barkin on Angela Merkel's blind spot on China. If you are not already a paid subscriber to The threadplease register here.
Want this emailed directly to your inbox? Sign up to receive our free newsletter.
Illustration by Pete Ryan
Last multinational standing?
VW has invested more than $13 billion in China over the past six years. This is four times more than the Japanese Toyota and eleven times more than the American GM. But with China losing market share, EU tariffs eating away at its Chinese production base, and Chinese competitors nipping at its heels at home, the question Volkswagen faces is increasingly existential. . : Can the German car manufacturer survive in China while continuing to prosper at home? Luke Patey reports.
A NIO ES6 electric vehicle on display in front of Nio's North American headquarters and innovation center in San Jose, California, September 9, 2019. Credit: Various photographs via Adobe Stock
The big picture: Could Chinese cars still enter the US?
Some Chinese automakers still hope to enter the U.S. market, despite proposed restrictions that are seen as a fatal blow to their global ambitions. Noah Berman reports.
A Q&A session with Shirley Kan
Shirley Kan is an independent analyst and former Asia specialist at the nonpartisan Congressional Research Service. She is an expert on the Taiwan Relations Act, which has been the cornerstone of U.S.-Taiwan relations for 45 years. Congress passed the law in April 1979, four months after President Jimmy Carter transferred U.S. diplomatic recognition to the People's Republic of China, instead of the Republic of China, commonly known as Taiwan. Since then, the law has been a touchstone for every president. In this week's interview with Noah Berman, she talks about growing fears that China may try to take Taiwan by force; what the Taiwan Relations Act actually requires of the United States; and whether it is still enough to maintain peace in East Asia.
Shirley Kan
Illustration by Kate Copeland
The Estun 6-axis robotic arm on display at the World Intelligent Manufacturing Conference in Nanjing on December 6, 2023. Credit: VCG via Getty Images
Chinese robots invade factories
Chinese manufacturers of industrial robots have managed to capture a larger share of the domestic market. Can they compete on a global scale? Rachel Cheung reports.
Then German Chancellor Angela Merkel with Chinese President Xi Jinping, Beijing, China, May 24, 2018. Credit: Michael Kappelle via AP Images
Angela Merkels: China's blind spot
The former German chancellor sought ever closer economic ties between Germany, the EU and China during his tenure. But in his new memoir, Noah Barkin says she glosses over many uncomfortable truths about the consequences of her approach.
Subscribe today for unlimited access, starting at just $19 per month.
The mention sources can contact us to remove/changing this article
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
