The future of the automobile industry is likely to be electric. And if that’s the case, then China looks sets to be a big part of the picture. Money Mind reports.

The Chinese group Fosun, which owns several companies in Portugal, announced this Wednesday an agreement with BioNTech for the purchase of 100 million doses of the vaccine for covid-19, developed by the German company together with the North American company Pfizer .

Action follows Trump ban on US investors buying shares in groups with China military ties

This year, tensions between Washington and Beijing flared over many issues. As the Biden administration prepares to take over, what lies ahead for one of the world’s most important bilateral relationships?

Reducing trade with China was supposed to happen in 2020. But demand for Chinese goods has soared amid pandemic lockdowns.