Economic Watch: German auto supplier ZF feels “at home” in China, says CEO

MUNICH, Sept. 13 (Xinhua) — German auto industry supplier ZF Friedrichshafen feels “at home” in China, the company’s chief executive officer (CEO) said recently, vowing to further deepen localization in the world’s largest passenger car and truck market. “Our teams in China play a role as that it is a country like Germany, where we have the capabilities to deploy and develop a full system,” Wolf-Henning Scheider, also ZF’s chairman, told Xinhua at the International Motor Show Germany (IAA Mobility) held Tuesday through Sunday, noting that ZF has set up its first “global homerooms” in China, where new products can…