Germany underestimates how much its prosperity depends on the Chinese market, Volkswagen chief executive Herbert Diess told the German news magazine Der Spiegel.
He said that without China – which accounted for 3.3 million VW sales last year, including its electric ID.4 model – inflation would explode, and warned of dangers to the global economy from geopolitical confrontation.
Read the full report: Der Spiegel.
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