Mercedes-Benz chief executive Ola Källenius expressed confidence that the company could cope with competitive conditions in the Chinese market in remarks to journalists at the 2024 Beijing International Automotive Exhibition on Thursday. “We are not standing still,” Källenius said. Mercedes-Benz could keep up with the rapid pace of technical progress in China, he added. The German company maintains development centres in Beijing and in Shanghai, both of which are integrated into its global network. These centres did not function as independent satellites “making in China for China,” Källenius …