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Stock Market News

Volkswagen CEO says German economy needs China

06/30/2022

Less than a minute

2022.06.30 17:31

Budrigannews – Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen (ETR:VOWG_p) Chief Executive Herbert Diess said in a media interview published on Thursday.

“Germany would look completely different” if it turned away from China, Diess told the Spiegel weekly, adding that such a move would harm growth, wealth and employment.

06/30/2022

Less than a minute