China’s car exports are taking off, many of them are electric vehicles and most are going to Europe. From almost nothing a few years ago, China exported half a million electric vehicles in 2021, and its market share in Europe was second only to Germany’s. As the car market goes electric, Europe could quickly find itself running a trade deficit with China in automobiles.   (Financial Times) “The very fact that the Ukrainian regime is being supplied with German-made lethal weapons, which are used not only against Russian military service members, but also the civilian population of Donbass, crosses the red line,” Ambassador Sergey Nechaev said in an interview with … Continue reading European news