The town sign of Freienbrink, the industrial park of Gruenheide. Tesla plans to build its first European factory in Gruenheide in Brandenburg, near Berlin. Photo: EPA-EFE
David Brown
Opinion

Opinion

Macroscope by David Brown

When Tesla sets up shop in Germany, it’s a sign of things going wrong with Europe

  • Europe’s common market is supposed be a level playing field. But as Germany remains a magnet for foreign capital – most recently Tesla’s – the gulf between Europe’s rich and poor will only widen, fuelling the EU’s existential crisis

TOP PICKS

The town sign of Freienbrink, the industrial park of Gruenheide. Tesla plans to build its first European factory in Gruenheide in Brandenburg, near Berlin. Photo: EPA-EFE
READ FULL ARTICLE
Cars from German auto giant Audi are on display at an auto show in Shanghai in April 2019. A driver of Europe’s economic slowdown is the collapse in demand for cars in China. Photo: Reuters
David Dodwell
Opinion

Opinion

Inside Out by David Dodwell

The world economy is headed for a recession. China won’t be there to save it this time

  • China’s economic health is important to the world not just because of its importance as a buyer and supplier, but also because of anxieties that it is less well placed to provide the massive stimulus it did after the 2008 financial crash

TOP PICKS

Cars from German auto giant Audi are on display at an auto show in Shanghai in April 2019. A driver of Europe’s economic slowdown is the collapse in demand for cars in China. Photo: Reuters
READ FULL ARTICLE