Chinese competition, Xinjiang plant loom large for Volkswagen investors at AGM

BERLIN, May 10 (Reuters) – Volkswagen (VOWG_p.DE) investors will demand answers from the carmakers’ executives at its annual general meeting on Wednesday on its competitiveness in China and its contested plant in Xinjiang, advance copies of their speeches showed. Chief Executive Oliver Blume will acknowledge the fast pace of China’s electrification, and outline Volkswagen’s strategy to hold on to its position as market leader – tailoring products to Chinese tastes and building local partnerships, according to a copy of his speech, which does not mention Xinjiang. Shareholders Deka Investment and Union Investment will call on the carmaker to require of…