€2.1 Billion Meltdown of BMW: Free Ice Cream Causes Racist Chaos in China | Stop Hating Foreigner!

€2.1 Billion Meltdown of BMW: Free Ice Cream Causes Racist Chaos in China | Stop Hating Foreigner!

€2.1 Billion Meltdown of BMW: Free Ice Cream Causes Racist Chaos in China | Stop Hating Foreigner!

BMW's recent incident in China has sparked an unprecedented public relations crisis for the German automaker. The controversy began at the Shanghai Auto Show on April 19th, where two female staff members at the BMW MINI booth refused to give free ice cream to a Chinese visitor, claiming it had all been distributed. Later, a foreigner was given ice cream without any issues. The video of the incident went viral on Weibo, leading to a wave of boycotts and causing BMW's stock price to drop by 3.62% on April 20, wiping out 2.16 billion euros of its market value. The incident may have deeper implications, as the Chinese Communist Party may be using it to divert attention away from a major fire incident and to stimulate nationalistic sentiments, putting pressure on Germany. This is due to unfavorable comments made by the German Foreign Minister during a recent visit to China.