VW will be bought by BYD, said Schularick. He’s wrong about the verb.
VW will be bought by BYD, said Schularick. He’s wrong about the verb. Moritz Schularick, president of the Kiel Institute for the World Economy, said Volkswagen would “likely be bought by a Chinese car maker like BYD.” The press amplified it. Headlines ran with “buys” and “takes over.” A few editorial cartoonists went further, drawing … Read more