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...“Europe’s industrial strategy is totally missing,” said De Meo, who also heads the European carmakers’ association, ACEA....
...This week’s trading update from world-leader Contemporary Amperex Technology Co. Ltd. proved those wrong. The battery group’s full-year earnings should handily beat analyst expectations....
...In Brussels, fears of a wave of Chinese-made cars have led the European commission to probe Beijing’s industrial support as well as boost its own local subsidies....
...Following years of state support and careful industrial planning by Beijing, China’s automakers now leverage their country’s control over the production of almost every resource, material and component used...
...Over the past two years, at least three South Korean companies have been charged with industrial espionage relating to the Taiwanese submarine programme....
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