The firm are reportedly committed to the factory plan regardless of a number of European bans on the use of 5G equipment made by Huawei and China's ZTE

More than 80% of German companies actively looking at shifting operations away from China said geopolitical friction was the cause

Several large international firms are looking at ‘near-shoring’ or ‘friend-shoring’ their supply lines, with many citing China risks as a major factor

The carmaker has said it is still looking for the right location and would make an announcement at the end of the year

The three, along with 26 other other signatories signed the "Bletchley Declaration" at the AI Safety Summit in Britain on Wednesday

The move will likely be announced at a summit with the US, which had asked Brussels to move against Chinese steel producers

The Belgian security service is monitoring Alibaba’s operations, with scrutiny on software systems that collate sensitive data and the need for the group to share information with Chinese authorities

A survey has revealed business confidence among foreign company chiefs in China’s private sector is at an all-time low

Germany’s economy minister said the country’s carmakers are “afraid” of retaliation from Beijing over potential EU duties targeting Chinese electric vehicles

The bloc's trade commissioner, on a four-day trip to China, says the EU must protect itself, citing a $426bn trade deficit with Beijing

The sweeping deal aims to link South Asia and the Middle East to help the flow of energy and trade from the Gulf to Europe

The Chinese electric vehicle outfit’s president said the firm is aiming to take on European automakers on their home turf