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VW, Mercedes and BMW Cross Their Fingers as China Risk Escalates

If Germany’s carmakers are doing some soul-searching after over-relying on Russia, their CEOs aren’t saying so.

Volkswagen’s Xinjiang production facility in 2013.

Volkswagen’s Xinjiang production facility in 2013.

Source: Visual China Group/Visual China Group
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German carmakers long ago went all in on China, building dozens of factories with local partners they were forced to share technology with. The risks seemingly were outweighed by an unprecedented expansion of what’s become the world’s largest car market.