Thu, Nov 14, 2024

EU's China Sanctions Will Negatively Affect BMW

EU's China Sanctions Will Negatively Affect BMW

The first statement came from Beijing after the sanctions decision against the recently increasing dominance of Chinese automobiles. 

Although the decision to impose sanctions on Chinese cars, which are seen as harmful by countries despite being loved by citizens, especially after selling cars with luxury features at affordable prices, the first statement came from Beijing. 

Stating that such a sanction decision would cause great harm, Beijing said that such a move would have a boomerang effect and cause much greater damage than imagined. 

Because among the cars coming from China, there are not only Chinese domestic brands. World automotive giants BMW also produce many of their models and models of the MINI brand in China. It is known that those brands will also be negatively affected by such a sanction decision. 

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