Workers install the electric motor for a new energy vehicle plant of BYD Auto in Xi'an, Shaanxi Province. Photo: Xinhua Workers install the electric motor for a new energy vehicle plant of BYD Auto in Xi'an, Shaanxi Province. Photo: Xinhua
Workers install the electric motor for a new energy vehicle plant of BYD Auto in Xi'an, Shaanxi Province. Photo: Xinhua

China economy

Business /  Companies

German plastics producer rides on China ‘consumption upgrade’ habit for growth as demand from auto industry wanes

  • Covestro, maker of hi-tech plastics for industrial applications, is tapping into consumer goods to offset a slump in demand from auto industry

Topic |   China economy
Daniel Ren
Daniel Ren

Updated: 5:51am, 15 Nov, 2019

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Workers install the electric motor for a new energy vehicle plant of BYD Auto in Xi'an, Shaanxi Province. Photo: Xinhua Workers install the electric motor for a new energy vehicle plant of BYD Auto in Xi'an, Shaanxi Province. Photo: Xinhua
Workers install the electric motor for a new energy vehicle plant of BYD Auto in Xi'an, Shaanxi Province. Photo: Xinhua
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