Audio By Carbonatix
Car maker Nissan says it is open to sharing factories around the world with its Chinese state-owned partner Dongfeng as it shakes up its business.
The Japanese firm, which employs thousands of people in the UK, told the BBC it could bring Dongfeng "into the Nissan production eco-system globally."
This week, the struggling company said it would lay off 11,000 workers and shut seven factories but did not say where the cuts would be made.
Speaking about Nissan's UK plant on Thursday at a conference organised by the Financial Times, its boss Ivan Espinosa said: "We have announced that we are launching new cars in Sunderland... In the very short term, there's no intention to go around Sunderland."
Nissan's revelation it is willing to strengthen ties with the Chinese firm comes as the UK's trade relationship with China is in the spotlight.
On Wednesday, the UK government moved to rebutt suggestions the tariff agreement it reached with the US last week could be damaging to China.
It said there was "no such thing as a veto on Chinese investment" in the deal.
The UK-US agreement rowed back on big hikes in tariffs on metals and cars imposed by US President Donald Trump, but it also included conditions requiring the UK to "promptly meet" US demands on the "security of the supply chains" of steel and aluminium products exported to America.
A spokesperson for the Chinese embassy in London said China had "made representations to the UK, asking for clarification".
"China is firmly opposed to any party seeking a deal at the expense of China's interests. Should that situation arise, China will respond as necessary."
Latest Stories
-
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
1 hour -
Alhassan Suhuyini makes Christmas donations to churches within Tamale North Constituency
5 hours -
Meet 81-year-old father of UCC Acting Vice-Chancellor, who recently graduated with an MBA
5 hours -
Did you know that Ken Ofori-Atta’s lawyer, Enayat Qasimi, is the ‘Ken Ofori-Atta of Afghanistan? – Kay Codjoe writes
5 hours -
Kidnap suspect arrested in Tamale as Police rescue victim after four days
6 hours -
Tema Oil Refinery resumes crude refining after years of shutdown
6 hours -
Kojo Antwi thrills fans with regal entry, marathon performance at ‘Antwified’ concert
6 hours -
Ofori Amponsah surprises KiDi at ‘Likor On The Beach’ 2025
6 hours -
Joy FM thanks sponsors, partners and patrons after spectacular 2025 Family Party-in-the-Park
7 hours -
‘Christmas babies’ and their mothers in Volta and Oti regions receive MTN hampers
7 hours -
One dead, another injured after accident at Atwedie
7 hours -
Maggi Waakye Summit draws thousands as Ghana’s biggest waakye festival returns
8 hours -
Western Regional Minister urges Ghanaians to use Christmas to deepen national cohesion  Â
9 hours -
Thousands turn Aburi Gardens into a festive paradise at Joy FM’s Party in the Park
9 hours -
Source of GOLDBOD’s trading funds questioned amid reported $214m loss
9 hours
