The dismissal of ministers Qin Gang and Li Shangfu, who have been missing since the summer of 2023, is entering the final stretch shortly before the National People’s Congress. Just before the start of the plenary session of the National People’s Congress (NPC), former Foreign Minister Qin Gang, who has not been seen since July […]
The number of Chinese company takeovers in Europe has fallen to its lowest level since 2012. According to a new analysis by management consultancy EY, investors from the People’s Republic acquired a total of 119 companies in Europe in 2023. In 2022, the number of M&A transactions was still 139, according to the study presented […]
China’s CO2 emissions in the energy sector grew by 5.2 percent in 2023 – an increase that jeopardizes the climate goal of the People’s Republic. This is according to a recent study by the Center for Research on Energy and Clean Air (CREA), based on official data. According to the report, the emissions of the […]
China’s carbon emissions in the energy sector grew by 5.2 percent in 2023 – an increase that jeopardizes the People’s Republic’s climate target. Based on official data, this is the finding of a study published on Thursday by the Center for Research on Energy and Clean Air for the specialist service Carbon Brief. According to […]
Economists have already noted that the wages and salaries of members of the Communist Party of China are, on average, higher than those of non-members. Now, for the first time, a study has also analyzed differences in wealth accumulation. Because party members not only earn more money but also have greater success in investment and […]
We have been familiar with the term since the time leading up to the war in Ukraine: hybrid warfare refers to activities below the threshold of an attack, but clearly outside of legal and moral norms. Now, a spokesperson for the Taiwanese ruling party DPP has accused China of “gray zone tactics” in the waters […]
The Chinese central bank lowered the five-year reference interest rate for mortgages (Loan Prime Rate/LPR) by 25 basis points from 4.20 to 3.95 percent on Tuesday in an attempt to support the struggling property market. It is the biggest interest rate cut ever in this segment – significantly larger than market observers had expected in […]
Every country needs a nationwide energy storage system for the efficient use of renewable energies. In China, such storage facilities are particularly needed due to the rapid expansion of solar and wind power capacities. For example, some provinces and cities cannot connect new solar projects to the grid because the capacity is insufficient.According to the […]
The New Year festivities continue on the fourth day of the Dragon Year, as most Chinese still enjoy the holidays. In Beijing, Ditan Park is known for its New Year decorations and open-air shows – despite freezing temperatures. Here, a group of men perform a traditional dragon dance.
For the first time, the three most important Chinese stock markets have published guidelines on mandatory disclosure of sustainability information for listed companies. The Shanghai Stock Exchange (SSE), the Shenzhen Stock Exchange (SZSE) and the Beijing Stock Exchange (BSE) are seeking public feedback on their respective published drafts until the end of February. According to […]
