One thing I haven't that much discussion about is BASF shutting down much of its European operations as a permanent move to China. The interesting things with this: 1/ BASF is the world's largest chemical company in a number of different areas 2/ Its dead set against German policy on derisking 3/ It screws over BASF's European customers (who buy more than customers in China)

More from the FT here: https://www.ft.com/content/f6d2fe70-16fb-4d81-a26a-3afb93e0bf57