What’s new: German optical systems giant Carl Zeiss AG on Monday put into operation a new 250 million yuan ($34.4 million) manufacturing facility in China, bucking a trend of European businesses moving investments out of the country amid concerns of an economic slowdown and rising tensions between Beijing and Washington.
Located in an industrial park in Suzhou, East China’s Jiangsu province, the facility is used for research and development as well as the production of microscopes, surgical microscopes, ophthalmic equipment and optical measuring instruments, with plans to add production lines for electron microscopes in the future, the company said.
