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Car manufacturers: Why China’s Ministry of Commerce warns against foreign investment

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Published: September 13th, 2024,
Last updated: September 19th, 2024

The joint venture between Leapmotor and Stellantis produces in Polish factories.

The Chinese Ministry of Commerce has warned the country’s car manufacturers of the risks of investing in foreign automotive markets. At an industry meeting in early July, ministry representatives „strongly advised“ local car manufacturers against investing in India, Russia and Turkey, referring to a central government directive, Reuters reported, citing anonymous sources. They also classified the construction of factories in Europe and Thailand as risky, albeit less strongly.

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Autoindustrie Ukraine-Krieg