Industrial Giants Navigate New Era of Collaboration & Rivalry
German Chancellor Friedrich Merz touched down in Beijing this week with a delegation of top CEOs, kicking off 2026's most-watched diplomatic dance 🤝. As the world's #2 and #4 economies face off in green tech races, President Xi Jinping framed the relationship as 'healthy competition through shared progress.'
🔑 Why It Matters Now: With China dominating 63% of global EV sales and Germany racing to scale battery tech, this isn't your grandparents' trade partnership. 'We're building bridges, not walls,' declared BASF CEO Martin Brudermüller from Shanghai's new R&D megacampus.
💡 Innovation Crossroads: While German automakers face fierce local rivals like BYD and NIO, they're doubling down on China's tech ecosystem. Volkswagen just opened its 5th AI lab in Shenzhen – because as BMW's R&D head put it: 'If you can win here, you can win anywhere.'
🌐 The Big Picture: With supply chain resilience topping the agenda, both nations announced new semiconductor partnerships. As Huawei teams up with Siemens on smart factories, it's clear: The future is co-created, even when competition heats up 🔥.
Reference(s):
cgtn.com





