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Germany

Germany Blocks Volkswagen's Turbine Sale to China Over Security Concerns

Germany's cabinet has blocked the sale of Volkswagen unit MAN Energy Solutions' gas turbine business to China's GHGT, citing national security reasons. The decision reflects rising EU-China trade tensions, with German officials worried about potentia

By: Devdiscourse
  • Jul 04 2024
  • 12
  • 5086 Views
Germany Blocks Volkswagen's Turbine Sale to China Over Security Concerns
Germany Blocks Volkswagen's Tu
Germany's cabinet blocked the planned sale of the gas turbine business of Volkswagen unit MAN Energy Solutions to a Chinese company on Wednesday, with ministers citing security reasons.
The decision comes amid rising trade tensions between the EU and... [1944 chars]

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