Last month, Contemporary Amperex Technology Limited (CATL), the world’s largest battery company, started building a massive joint venture plant in Spain. It came weeks after Spain’s King Felipe visited Beijing, seeking a stronger EU-China relationship as US commitments wobble. Except Spain, electrified by the potential job creation, ran into a problem: CATL wants to bring 2,000 Chinese workers to build the plant.
What’s happening in Spain is part of a complicated new showdown between the...
A complicated new EU-China showdown is quietly taking shape
Published 2 hours ago
Source: scmp.com
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