Thyssenkrupp CEO Miguel Angel Lopez Borrego has lauded China’s rapid advancements in manufacturing, calling it a "key player" in the global industrial landscape. In an exclusive interview with CGTN, he revealed the German industrial giant’s new 1 billion yuan ($137.8 million) investment in China, highlighting its confidence in the market’s long-term potential. 💼📈
Borrego emphasized China’s role as both a manufacturing powerhouse and a critical partner for innovation, particularly in green technologies and sustainable infrastructure. 🌱🏗️ He also addressed the ripple effects of global tariffs on supply chains, stressing the need for international cooperation to stabilize trade flows between China and Germany—two economies he called "interconnected" in today’s world.
"China’s talent pool and cutting-edge production capabilities are unmatched," Borrego said, pointing to the company’s expanding footprint in digital manufacturing solutions. 🤖🌏 With Thyssenkrupp’s latest investment, the move signals optimism amid geopolitical shifts, offering a glimpse into how multinationals are navigating the evolving economic landscape.
