BASF Investing More In China Than Germany
LUDWIGSHAFEN, GERMANY - MAY 22: The BASF chemicals factory stands on May 22, 2024 in Ludwigshafen, Germany. BASF, which is headquartered in Ludwigshafen, is reportedly investing billions in China but much less in its operations in Germany, citing Germany's high energy costs and burdensome regulations as factors making Germany a less attractive place to invest. (Photo by Sean Gallup/Getty Images)
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