Siemens Plans Domestic Investments as Germany Sours on China
The Lede: Following Germany’s release of a new ‘Strategy on China’ in mid-July, Siemens announced €1 billion ($1.1 billion) in domestic investments in conjunction with a foreign investment approach that will pursue ‘de-risking’ from China.
What We Know:
* Recently, the German engineering company Siemens has announced major investments